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Students protest against Century case

Source
Jakarta Post - September 7, 2009

Aditya Suharmoko, Jakarta – Students held a rally Monday at the Finance Ministry's office, urging President Susilo Bambang Yudhoyono to resolve the case of Bank Century and demanding that Finance Minister Sri Mulyani Indrawati resign.

The students, part of Anti-Corruption Students Union (Jam-Aksi), said Yudhoyono should be "firm, transparent and consistent in solving the Century scandal and in building a clean government".

They said the Corruption Eradication Commission (KPK) and the National Police should solve the case and convict everyone who was involved in it.

Mulyani was urged to resign as she is responsible for the government's decision to disburse a bailout reaching Rp 6.76 trillion (US$676 million).

Lawmakers suspected the decision to bail out Century was influenced by large depositors/investors who put funds in the bank. Lawmaker Dradjad H. Wibowo said Century might be sold for only Rp 2 trillion at the maximum in 2011, meaning the Rp 6.76 trillion bailout would not be fully returned.

Mulyani said the government decided to save Century as its collapse would cause a systemic threat to the banking sector amid the global financial turmoil in November last year.

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