ABU - ASALKAN BUKAN UMNO

ABU - ASALKAN BUKAN UMNO

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Showing posts with label Citibank. Show all posts
Showing posts with label Citibank. Show all posts

Thursday, November 10, 2011

Prosecutors seek 15 years for flamboyant Citibank manager

Unknown | 4:14 AM | | | | | | Best Blogger Tips






Former senior manager of Citibank Malinda Dee began her trial for allegedly embezzling more than Rp 44 billion (S$6.28 million) from the bank's premium clients on Tuesday.
Prosecutors are seeking a maximum 15-year jail term for her.
Prosecutor Tatang Sutarna said in his indictment that the former senior manager at Citibank had violated Law No. 10/1999 on banking and Law No. 8/2010 on money laundering.
"The defendant allegedly siphoned off Rp 27 billion and US$2 million between 2007 and 2010," Tatang said.
The prosecutor said that Malinda received the money from 117 illegal transactions, 64 of which were processed in local currency and 53 of which were in US dollars.

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