Jakarta, ID
Tuesday, May 29 2012, 08:11 AM

National

Misbakhun to appeal against verdict

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Prosperous Justice Party (PKS) politician Muhammad Misbakhun says that he will appeal against the verdict sentencing him for a one-year imprisonment for an involvement in a bogus letter of credit in the now defunct Bank Century.

The verdict was issued on Tuesday.

“What has been charged upon me today was based on a criminal code [KUHP] article No. 263 that had never been used by the attorney. The attorney originally used Article No. 49 paragraph No. 1 from the Banking Law on me,” Misbakhun told The Jakarta Post on Tuesday.

“In his consideration, the judge admitted that this issue is an object of the civil law code, then why suddenly it became a criminal code issue,” Misbakhun said.

Misbakhun also questioned the judge’s decision to only implicate him in the bogus letter of credit scandal.

“If I am guilty of manipulating documents, which were formulated by the bank, then why there was no punishment for anyone from the bank?” he said.

Misbakhun deemed that the verdict against him was part of politics as he was involved in initiating the House of Representatives inquiry team on the Bank Century debacle, which revolved around a bailout that rose ten times to Rp 6.7 trillion (US$740 million) from its original estimation.