JAKARTA: The Attorney General Office (AGO) will likely be unable to salvage the Rp 546 billion (US$ 54.6 million) Banking Liquidity Assistance (BLBI) scandal funds distributed through Bank Bali, which were liquidated to Bank Permata, despite the recent verdict of Supreme Court that sentenced businessman Joko Soegiarto Tjandra and former Bank Indonesia governor Syahril Sabirin each to two years imprisonment.
AGO spokesman Jasman Pandjaitan said Tuesday his side has received a letter from the bank (Permata) asking for a payment postponement because of the fund's legal status.
Jasman said the AGO has asked the bank to pay the money as restitution to the state as soon as possible "or otherwise we will take legal action against the bank".
Luhut Pangaribuan, lawyer for Bank Permata, said he would ask for advice from the Finance Ministry about the legal status of the money
"According to the previous lawsuit, the money has been declared as part of Bank Bali's assets." - JP
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