That's nice business you got there, Citibank. Pay us or die!
Scandals tarnish
Citibank’s image in Indonesia
Irzen Octa, a down-on-his-luck Indonesian businessman, suffered a torment familiar to millions of Americans struggling with debts racked up in
better times: He feared losing his home.
In the end, he managed to keep the ramshackle two-story house where he and his wife raised their two now-teenage daughters. Instead, Octa, pursued by
Citibank over a $5,700 debt on his platinum credit card, lost his life.
The 50-year-old businessman, invited to a Citibank office in Jakarta in late March, collapsed in a tiny room set aside by the U.S. bank for
questioning of deadbeat debtors. He died shortly afterward — a casualty of a “harsh interrogation,” said Jakarta police spokesman Baharudin
Djafar.
Five people, none of them Citibank employees, have been arrested on suspicion of “group violence” and “mistreatment resulting in
death.”
Here's how I think it went down... Little guy couldn't pay his debts. Citibank hires some private ``debt collectors`` to get the guy to pay. They
beat him up, then drag him to the bank in the ``interrogation room``... and he dies shortly after because the debt collectors went ``too far``... of
course nobody from Citibank will get arrested... it was the sub-contractor ``fault``...
Citibank, Indonesia’s biggest foreign bank, said its internal investigation found no evidence of physical violence.
Internal investigation, aka BS.