No violation and no criminal conduct in Bank Century bailout: Dems
Hans David Tampubolon, The Jakarta Post, Jakarta | Mon, 02/08/2010 10:47 AM
Member of the Democratic Party on the House of Representatives’ inquiry committee on the Bank Century bailout have concluded there has been neither legal violations nor criminal conduct in the bailout.
"There have been no violations at all in the policy to bailout the bank and there has been no criminal conduct," Ruhut Sitompul told reporters at the House in Senayan, South Jakarta, on Monday.
Ruhut added the policy had been proved to have been able to save the country from the global crisis.
Separately, another member from the Democratic Party, Anas Urbanigrum, told The Jakarta Post his party would deliver its six main points today.
"Just wait until the official announcement for our main points on the case," he said.
The case focuses on a bailout that increased tenfold to Rp 6.76 trillion (US$716 million) from its original estimate.
The bailout was issued in November 2008 by Finance Minister Sri Mulyani Indrawati and the former Bank Indonesia governor, Boediono, now vice president.
