Misbakhun charged with document fraud in Bank Century case
The Jakarta Post, Jakarta | Wed, 06/30/2010 2:13 PM
Mukhammad Misbakhun: (JP//Wendra Ajistyatama)State prosecutor charged Wednesday legislator Mukhammad Misbakhun with document fraud in an alleged Bank Century fictitious letter of credit.
Prosecutor Agoes Djaya said in a trial session that Misbakhun had requested a loan from Bank Century without a normal procedure, kompas.com reported.
Misbakhun has been detained since April 26 for allegedly submitting fictitious documents in an application for a Letter of Credit from Bank Century (now rebranded Bank Mutiara).
In 2007, Misbakhun’s trading company, PT Selalang Prima International, received $22.5 million in credit from the bank. The loan is now categorized as a non-performing loan.
He could face a maximum sentence of 15 years in jail if found guilty.
