National

KPK announces East Java bank director as suspect

Irawaty Wardany, The Jakarta Post, Jakarta | Thu, 05/07/2009 5:21 PM
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The Corruption Eradication Commission (KPK) has named former Director of East Java Development Bank (BPD) Umar Syarifuddin as suspect for allegedly embezzling Rp 37 billion (US$3.5 million) of the bank’s money in 2003-2004.

“We have found a suspect in an alleged embezzlement at BPD. Former bank’s director US has been declared suspect few days ago,” KPK deputy chairman for enforcement Bibit Samad Riantor told reporters during a hearing with commission III of legal issues at the House of Representatives on Thursday.

He said the suspect had illegally gathered Rp 37 billion from 33 BPD branches in the province during 2003-2004 that kept in his personal account.

“He created “(dubious) capital and taxes fees” to gather the money for his personal benefit,” he said.

This was the second case the commission announced suspects in the absence of its chairman Antasari Azhar who is now detained by the Jakarta Police as a suspect in a murder case.
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