Jakarta, ID
Monday, May 28 2012, 17:24 PM

National

Impeachment in Century debacle is always a possibility: Lawmaker

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A member of the House of Representatives inquiry committee on the Bank Century case says there is the possibility of an impeachment as a result of the investigation on the case.

"The committee is not solely focusing on an impeachment, however, if we find that there has been criminal conduct behind the case, then there is always a possibility of impeachment," Bambang Soesatyo of the Golkar Party told reporters at the House building on Tuesday.

Bambang said his party had so far found a number of law violations and abuse of power practices in the case.

A committee member from President Susilo Bambang Yudhoyono's Democratic Party, Iqsanul Qosasih, said that the President could not be held accountable for the case.

"From the bank's merger to its bailout, there has been no sign at all of Yudhoyono's involvement [in the process]," he said.

"Not all problems are the responsibility of the President. In this case, it is the responsibility of the Financial System Stability Committee (KSSK) and its members," he said.

The KSSK authorized the bailout in November 2008 under the endorsement of Finance Minister Sri Mulyani Indrawati and the then Bank Indonesia governor, Boediono, who is the current vice president.

The amount of the bailout increased tenfold from its earlier estimate to reach Rp 6.7 trillion (US$716.9 million).