Saturday, October 22, 2011

Citibank Arrests Customers for Trying to Close Accounts by Richard Henley Davis

Published on Monday, October 17, 2011 by The Economic Times

Citibank Arrests Customers for Trying to Close Accounts

by Richard Henley Davis
NEW YORK - Customers of Citibank were arrested over the weekend after trying to close down their bank accounts.
Twenty-three customers of Citibank allegedly found themselves under arrest after being locked in the bank at 555 La Guardia Place, New York by security guards who even forced legitimate Citibank customers going about their daily business back into the bank.
Citibank responded to the allegations of arresting customer by releasing this statement:
“A large amount of protesters entered our branch at 555 La Guardia Place around 2:00 PM today. They were very disruptive and refused to leave after being repeatedly asked, causing our staff to call 911. The Police asked the branch staff to close the branch until the protesters could be removed. Only one person asked to close an account and was accommodated.”
Video below shows quite clearly that those inside the La Guardia Place branch of Citibank were not disruptive and remained quite calm and peaceful and also there are reports from eyewitnesses stating the explanation given by Citibank is far from the truth.

The Occupy Wall Street movement has seen a resurgence of Eric Cantona’s call for people to withdraw their money from the banks and one site moveyourmoneyproject.org is attempting to assist this move.
This notion of removing money from the banks in order to bring them down is a genuine threat to the banking industry and we can expect more arrests by banks who are using the police force as their private security to prevent a collapse in their interests through mass deposit withdrawal.

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