National

House urges AGO to settle Century Bank debacle

Hans David Tampubolon, The Jakarta Post, Jakarta | Tue, 11/10/2009 2:54 PM
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A legislator from the Golkar Party has urged the Attorney Generals' Office (AGO) to resolve the Century Bank debacle.

The debacle revolves around a suspicious Rp 6.7 trillion (US$710 million) bailout to salvage the bank. The bailout turned out to be much higher than the agreed amount of less than Rp 1 trillion.

"The AGO is the only hope to settle the debacle, because the Supreme Audit Agency (BPK) does not have the authority to do so," Bambang Soesatyo said during a hearing with the AGO in Jakarta on Tuesday.

The AGO's reputation has been severely tarnished in recent weeks, after a tape revealed a possible conspiracy between a number of its high-ranking officials and the National Police to weaken the Corruption Eradication Commission (KPK).

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