Twenty three customers of Citibank found themselves under arrest after being detained at the bank by security guards. Protestors from Occupy Wall Street made their way to the bank to shut down their accounts and mayhem quickly ensued.

 

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.”

 

A video taken by a bystander 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.

 

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 that are using the police force as their private security to prevent a collapse in their interests through mass deposit withdrawal.

Video:

Citibank Public Affairs issued the following statement regarding today’s incident: “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.”

To be clear: no one was arrested for closing an account; we didn’t lock people in our branch – the police decided to close the branch; and we didn’t ask for anyone to be arrested – that is a police decision.

WE need more proof, we don’t believe it CITI Bank.What are your thoughts on this subject?