Markus Junianto Sihaloho – Indonesia's antigraft body announced on Tuesday two new suspects in the Bank Century bailout scandal.

"Two Bank Indonesia officials have been found out to have participated in acts of corruption that caused state losses. They are being identified as B.M., the deputy of Section IV on Foreign Exchange Monetary Management and S.C.F., the deputy of Section V on supervision," said Corruption Eradication Commission (KPK) chief Abraham Samad.

The two officials named were Budi Mulya and Siti Fadjrijah, respectively. He said that the duo had abused their authority by approving the short term loan facility for Bank Century. "Their [mistake] was declaring Bank Century as a failed bank, which could have caused a systemic impact." Abraham said that he would soon follow up the case.

Century was created in 2004 as the result of a merger of three problematic lenders: Bank Pikko, Bank CIC and Bank Danpac. In 2008, the bank collapsed, but the government injected Rp 6.7 trillion ($717 million) to bail it out and bring its co-owner, Robert Tantular, to justice for siphoning off customers' money. Since then, the government has taken over the bank and renamed it Bank Mutiara.

Long after the bail out, several factions at the House of Representatives questioned the need to save the bank, which many have argued poses a threat to the country's banking and financial system.

The House has also voted that the bailout of Bank Century was illegal. The governing body blamed former Finance Minister Sri Mulyani Indrawati and Vice President Boediono, who at the time led the central bank, for allowing it to go through.

After the Supreme Audit Agency (BPK) performed a forensic audit on Bank Century, the organization discovered a flow of cash from Robert to Budi in September 2008, right before Bank Indonesia disbursed funds for the bailout in October.

Budi admitted that he received Rp 1 billion as a personal loan from Robert, but claimed it had nothing to do with the decision to bail out Century.

Meanwhile, Siti Chalimah Fadjrijah was reportedly persistent in urging other officials at Bank Indonesia to merge the three banks instead of shutting them down. As the deputy governor of supervision, she should have known the condition of the bank, but she agreed to bailout the bank regardless.

The director of supervision of Bank Indonesia, Zainal Abidin, said that he already sent Boediono a letter, with a copy of it sent to Fadjrijah, telling them that Bank Century should not receive a bailout because the bank had numerous structural problems.

Bambang Soesatyo, a member of the House Century supervision team from the Golkar Party, aired his appreciation for what the KPK had done so far in the case. "Our hope is that the probe goes beyond these two suspects," he said.