The case involves one where Citibank acted as an administrative agent for a term loan taken by Revlon, and where it was to wire approximately $7.8 million in interest payments to Revlon’s lenders. Instead, Citibank wired almost $900 million. It mistakenly sent the principal amount too.source https://economictimes.indiatimes.com/industry/banking/finance/banking/wipro-employees-had-a-role-in-citibanks-big-blunder/articleshow/81222634.cms
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