Indonesia stops banks from adding wealthy customers


JAKARTA: Indonesia's central bank yesterday barred 23 commercial lenders from accepting wealthy individuals as new customers for a month starting on May 2, after a major embezzlement scandal at Citibank.

Central Bank Indonesia (BI) had already banned Citibank Indonesia from acquiring new premium customers after an employee allegedly embezzled at least 17 billion rupiah (US$1.98mil) from clients' private accounts.

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