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Indonesia Parliament Calls for Action against Citibank

Service : Economy
TEHRAN, April 9 (ICANA) – The Indonesian parliament Friday called for strong penalties against Citibank, which faces allegations that a local employee embezzled millions of dollars from wealthy customers and questions about its debt-collection practices.
Saturday, April 09, 2011 12:44:34 PM
Indonesia Parliament Calls for Action against Citibank

"We urged Bank Indonesia to investigate and impose stern sanctions on Citibank in accordance with the law," said Achsanul Qosasih, deputy chairman of the parliamentary committee overseeing the financial sector, reading the recommendations after a three-day hearing with Bank Indonesia officials and local Citibank staff, onlinewsj.com reported.

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