BI imposes harsh sanctions on Citibank
The Jakarta Post
Bank Indonesia (BI) announced Friday it was imposing severe sanctions on Citibank following a massive embezzlement scandal by a bank employee and the suspected death of a customer at the hands of debt collectors recently.
The bank possibly faces other sanctions if found guilty of the two crimes by a court.
Central bank deputy governor Budi Rochadi said Citibank was barred from issuin...