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Former RNI finance director named corruption suspect
The Jakarta Post , Jakarta | Thu, 10/09/2008 6:07 PM | National
The Corruption Eradication Commission (KPK) has named former director of finance at state agriculture commodity trader PT Rajawali Nusantara Indonesia as suspect in a corruption case.
According to KPK investigations, the suspect, Ranendra Dangin, misappropriated funds worth a total of Rp 4.5 billion (US$470,000) allocated for the procurement of granular sugar from 2001 until 2004.
"The money was allegedly being used for his own purposes," KPK spokesperson told reporters in Jakarta on Thursday.
Ranendra is the only suspect named, while investigators are probing deeper into the case. (and)
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