Citibank Accused of Murdering a Credit Card Deadbeat

[meegbear]

Are you feeling the heat from debt collectors? Or maybe you just aren't sure how you'll make your next credit card payment? Whatever the case, just be thankful you don't owe money to Citibank in Indonesia. And if you do, don't accept an invitation to settle in the bank's interrogation room.

The Washington Post today has the horrifying story of a 50-year-old Indonesian businessman named Irzen Octa who owed $5,700 on his Citibank credit card. Fearful of losing his home, he accepted an invitation to be questioned at a Citibank office in Jakarta, which has a camera-free interrogation room for its mercenary debt collectors.

"Wish me luck," (Octa) apparently told his wife before leaving home March 28. "I may be signing a new contract and can settle our debts." He set off about 6 a.m. on his motorcycle, driving first to a school to drop off his younger daughter and then heading to Jakarta. He had a "very happy face," his widow recalled.

In the afternoon, a friend of her husband, Tubagus Surya, telephoned from a Citibank office in south Jakarta and told her that her husband had "gone." Surya, who arrived at the Citibank office soon after his friend collapsed, said in a telephone interview that he found Octa sprawled on the floor with his nose bleeding and bruises on his head and abdomen.

Two hours later, Octa was captured on security cameras being wheeled out of the room "apparently unconscious or dead."

A doctor who examined Octa's corpse the day after he died wrote two reports: One said he had suffered "asphyxiation" and a "strike from a blunt instrument"; the other said that he'd had a brain hemorrhage.

<snip>

http://gawker.com/5831666/citibank-accused-of-murdering-a-credit-card-deadbeat

[Kennah]

1. So that's what Xe Services does these days

[WhiteTara]

2. Got to keep those contractors working.

employment rates and all.

[eilen]

8. Loan Sharking and Organized Crime nt

[lunatica]

3. That's a hideous story

I hope Citibank itself gets prosecuted over this.

[bluethruandthru]

4. Since corporations are people....

shouldn't Citibank get the death penalty?

[kentauros]

9. I have no problem with that.

At least put them on Death Row for the next 15-20 years, in solitary confinement :evilgrin:

[MADem]

10. Beat me to it! They should at least do life w/o parole! nt

[RKP5637]

11. If corps. are people, at minimal, CEO's should be held accountable for the

actions of the corporate person.

Many corporations are legalized gangsters. Do it in the streets as a non-corporate person you get life. Do it in the board room as a corporate person, you get applause. And your gov. will kick some cash your way.

[RKP5637]

12. error/delete

[Bryn]

13. Amen!

:evilgrin:

[Raster]

15. Silly blue....corporations are people ONLY when it is advantageous for them to masquerade as people

...they don't breath filthy air, drink polluted water, nor do they get punished for crimes they may commit or be a party to. When it's time to shoulder responsibility, corporations morph back into entities on paper that can's be held responsible.

[Blue_Tires]

5. Indonesia's doing it wrong

They should take a look at their American counterparts who can stretch a debt into decades of high-interest indentured servitude:sarcasm:

[Gidney N Cloyd]

6. Yeah, sheesh-- amateurs...

:sarcasm:

[sfpcjock]

7. Well Citigroup -- you have to add in the insurance because

it used to be illegal to dabble in both - is owned by the Saudis. So, a right-wing fundy familial autocracy that practices what they preach. This is sad.

[dixiegrrrrl]

14. Owned by the Saudis?

In part?
or wholly?

Do you mean largest shareholders?

[brendan120678]

17. Owned by the Saudis?

Take a look at the following link for a list of the top shareholders (individual, institutional, and mutual fund).
http://finance.yahoo.com/q/mh?s=C+Major+Holders

[jwirr]

16. NOW I am afraid.

[nomb]

18. This surprises me. I would think Chase Bank would be the first to kill its debtors. n't

[bvar22]

19. No. You don't kill your debtors.

Then you NEVER get your money.
Even the Mafia knows that.

What you DO is BUY the Political Parties,
and then get legislation passed that keeps the debtors, and their families if possible,
on the hook forever.

THEN, its Easy Street.
The Politicians will make a big deal in public about passing "Historic Reform",
but neglect to put in Limits on Interest and stuff like that.

[femrap]

20. The Banksters

don't care if their minions kill customers. They're evil. Hell, that's probably how they keep most of Congress under control.

[wackadoo wabbit]

21. When I read the headline, I thought this was going to be from The Onion.

It never occurred to me that this would actually be a true story.

[cyberpj]

22. Ditto. n/t

[cyberpj]

23. Anyone remember this?

http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=389x6694962

[Zax2me]

24. So they beat him?!

Like the mob did to casino cheats in the old days?
okay.....