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Analysis: Mandiri account freeze puts banking trust to the test

A bank account can be frozen in minutes, but the damage to trust in the financial system can last much longer. The controversial freezing of an account belonging to the coordinator of a planned demonstration in Jakarta raises a question that goes well beyond the Rp 80.9 million (US$4,500) involved: How should banks balance law-enforcement requests against due process and customer protection,…

Analysis: Mandiri account freeze puts banking trust to the test

We haven't written up this one. The Jakarta Post has the full story — the link below goes straight to it.

Read the original at thejakartapost.com →

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