Belgium wants its € 128 million for clients of bankrupt U.S. bank

Prosecutors in Brussels wants the U.S. bank Citibank (Citibank) reimbursed to 128 million euros by 4000 its Belgian customers who have been misled to buy risky products to bankrupt U.S. bank Lehman Brothers „(Lehman Brothers).

Za prosecution request that protects the process against Citibank, which began on 1 December in Brussels, cited by BTA.
According to the Flemish economic daily Teyd ‘investigation of the prosecution showed that Citibank, Belgium has encouraged customers through misleading advertising „and other“ wiles „to invest in savings products at Lehman Brothers, they are hiding their possible risks. After the bankruptcy of the bank money has been lost.
Prosecution of Brussels will also insists Belgian depositors can not be returned only 128 million euros, but the interest on that amount.
Total 18 thousand Belgians were affected by the bankruptcy of Lehman Brothers, and their losses are estimated at 325 million euros. Among them are the biggest customers of Citibank, Belgium, informed newspaper Соар.

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Finance