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Letter: Citibank Indonesia responds
Tue, 10/21/2008 11:23 AM | Reader's Forum
We are writing with respect to the commentary by Vincent Lingga in The Jakarta Post on Oct. 15.
We understand Vincent's disappointment with his investment losses related to the bankruptcy of Lehman Brothers. With unprecedented events occurring in the world's financial markets, these are very difficult times for all investors.
We take our responsibilities to our clients seriously and we are committed to providing clients with full relevant information, including product risks, when they are considering making investments.
Any questions that the clients ask are addressed thoroughly, to ensure that clients have the necessary information to make an informed decision. We believe we acted in good faith in our dealings with Vincent and in carrying out his instructions. We value our relationship with Vincent, and are committed to working with him to deal with these difficult market conditions.
DITTA AMAHORSEYA
Director, Country Corporate Affairs head
Citi Indonesia
Jakarta
