BI Express Citibank Guilty

Bank Indonesia has completed an examination of Citibank. The central bank bank from the United States was found guilty in the case of death Irzen Octa and Citigold customers embezzlement involving employees of Citibank, Inong Malinda Dee.
For the case of death of credit card customers, BI found two measures that are badly violated Citibank Bank Indonesia Regulation (PBI) 11.11.2009 on Payment Card Tool (APMK).
First, about the cooperation contract with Citibank party debt collectors. Under this agreement, otherwise all the final responsibility is on the collector. "In fact, the PBI said, all the problems in billing shall be the responsibility of the bank," said Ahmad Johansyah Difi, Acting Director of Strategic Planning and Public Relations BI, Tuesday (26/04/2011).
Second, Citibank guilty in debt collection. BI Audit results show, the debt still a collectibility Irzen two (special mention). This means that Citibank should not be handed over to the other party debt collection. PBI said the bank may use third parties after entry tunggakannya collectibility four (doubtful) and five (loss).
In the case of burglary customer funds, BI found violations of the implementation of the wealth management business. However, Difi reluctant to disclose the location of the error.
Although states Citibank guilty, the BI does not also establish sanctions. The reason for this, BI needs to re-confirm the auditee ie Citibank. "Confirmation will be done as soon as possible," said Difi.
BI deputy governor Budi Rochadi said the central bank can give administrative sanctions, ranging from reprimand to hold a re-fit and proper test for the management of Citibank. Previously, the Bank has suspended the collection of new Citigold customers and issuing new credit cards.
According to Chief Economist Danareksa Research Institute Purbaya Yudhi Sadewa, the central bank need not excessively punish Citibank credit card business license revoked or Citigold. BI quite punishing fines and repair of standard operating procedure (SOP).
While Pradjoto banking law expert said the central bank needs to give the most optimal sanction. Because, Citibank error is fatal and potentially damaging public confidence in the banking sector. For deterrent effect, regulators need to take action against the unscrupulous boss.