2018, July 17 - 23 --- Tempo
The Corruption Eradication Commission (KPK) should not hesitate to declare Sjamsul Nursalim suspect for misusing the Bank Indonesia liquidity Support (BLBI). This case has been left in limbo for too long in spite of investigators' sufficient evidence to arraign the owner of the Gajah Tunggal company on the charges of corruption and collusion.
The KPK has named former head of the Indonesian Bank Restructuring Agency (IBRA), Syafruddin A. Temenggung, suspect. Syafruddin was the public official who issued a clearance certificate for Sjamsul's debts to the state. An audit and investigation by the KPK discovered that the New Order businessman had, in fact, failed to complete his repayment obligation. In 1998, the government provided BLBI for a number of banks with liquidity problems. When the economy continued to worsen, the government closed 16 banks in line with the International Monetary Fund's (IMF) mandate. Bank Dagang Nasional Indonesia (BDNI), owned by Sjamsul, received Rp30.9 trillion in aid from the total BLBI fund of Rp144.5 trillion.
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Topic: Tempo English Version 2018, July 17 - 23 (Read 1456 times)
