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KPK yet to point finger at ex-BI deputies

Source
Jakarta Globe - November 26, 2012

Rizky Amelia – The anticorruption agency has yet to formally name as suspects two former Bank Indonesia deputy governors who were potentially involved in the Bank Century bailout that caused Rp 6.7 trillion ($697 million) in state losses.

The Corruption Eradication Commission (KPK) named Budi Mulya and Siti Fadjrijah as suspects in the case last week, but it has yet to issue an SPDP, an official letter naming suspects in a criminal case.

KPK chairman Abraham Samad claimed that the duo 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," he said last week.

KPK deputy chairman Bambang Widjojanto said on Sunday that the absence of the SPDP will not prevent the antigraft body from probing the case, which has been going on for several years.

"There's no [legal] implication because that's just part of the administrative procedure. It has nothing to do with whether a person has been declared guilty or not," Bambang said.

He added that a person is named a suspect not based on an SPDP, but based on a criminal event. KPK investigators have found corruption elements in the Bank Century case.

The KPK needs two reports on the graft investigation to issue an SPDP, but the organization has yet to compile the reports, Bambang said. "I have asked the investigators but they need time because there are many criminal cases that need to be handled," he said,

At Bank Indonesia, Budi previously managed monetary and foreign exchange policy but was demoted to a post overseeing the central bank's museum and monitoring the bank's representative offices outside Jakarta.

Meanwhile, the KPK has sought a second opinion on the health of Siti, who is said to have had a stroke. "We asked the IDI [Indonesian Doctors Association] for it in October or November," said Bambang. He added that the doctors have formed a conclusion, but he was not aware of whether it had been submitted to the KPK. "It should already be available. I will check later."

The police have also named two more suspects in their investigation into the Century case, a source at the National Police's detectives' unit said.

Stevanus Faruq and Umar Muchsin are suspected of money laundering and have been detained since Wednesday. Police tracked them down through money embezzled by Century and linked to a securities firm director, Totok Kuncoro. Totok was convicted of money laundering and is serving a three-year jail sentence.

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 to bail it out and bring co-owner Robert Tantular to justice for siphoning customers' money.

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