Bayu Marhaenjati – Despite strong evidence against Ari Sigit – the grandson of former President Suharto who is accused of making Rp 2.5 billion ($216,788) from embezzlement and fraud – the Jakarta Police announced on Thursday that they have halted their investigation into his case.

"Before it was able to be given to the prosecutor, the plaintiff and Ari reconciled in June," Jakarta Police spokesman Sr. Cmr. Rikwanto confirmed.

Police had completed the dossier for the case and it was ready to be handed over to the prosecutor's office, but Ari and the plaintiffs had "reconciled" at the eleventh hour, Rikwanto said.

The plaintiffs revoked their case against Ari and the parties have agreed that they will not sue each other. "In July, the case was dismissed by the detective because of the joint resolution," Rikwanto said.

The plaintiffs, Sutrisno and Mariati from Krakatau Wajatama, a subsidiary of Krakatau Steel, reported Ari on Oct. 27, 2011 for allegedly pilfering funds from Krakatau Wajatama and failing to organize a land dredging project that his company, Dinamika Daya Andalan, was paid Rp 2.5 billion to carry out. Ari was named a suspect along with four other commissioners from DDA – Asrullah Arief, Basaruddin, Sir John and Sunarno Hadi.