atans1

Citi: Owe it money?

In Banks, Indonesia on 09/04/2011 at 8:52 am

A customer, a politician, who owed 68 million rupiah on his Citigold card, died on March 29 while meeting with bank staff, Gatot Eddy Pramono, head of the South Jakarta Police District. said. Four people are suspected of being involved in the death, he said, Bloomberg reports.

FT reports that three external debt collectors  working for Citi have been detained, and face possible murder charges.

An internal investigation into the death didn’t reveal any physical violence, Citigroup’s Mukhtar said April 5. The bank had been working with the client and had offered to waive as much as 40 percent of the principal amount, he said, Bloomberg reported.

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