Last week, Citibank Philippines reported that one of its private banking officers have gone missing and allegedly carted with him hundreds of millions of pesos worth of depositors’ money.
Francis Bryan Ang, an Assistant Vice President (AVP) of Citibank Binondo’s Citigold Wealth Management Group, is said to have stolen at least P100 million of his clients’ money. Another news report place the total amount allegedly stolen between P600 million and P1 billion.