by Selina Lum
A CREDIT CARD promotion by Citibank, offering golfing privileges
to card holders at various country clubs, has landed the bank in a
legal wrangle.
Laguna National Golf and Country Club has sued the bank,
contending that Citibank had made falsely stated claims on its
website and in a newspaper article that card holders could enjoy
access to the club's golfing facilities.
The club says there was no such tie-up and that the bank's
malicious statements had 'seriously injured' its business and
caused it to suffer losses.
But the bank, which had engaged an independent vendor to arrange
golfing privileges for its cardholders, says it had honestly
believed at the time that the statements were true.
The bank says no malice was intended; neither were the
statements likely to cause damage to the club.