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.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!