T

he Corruption Eradication Commission (KPK) said on Wednesday that the raid at Bank Indonesia'€™s (BI) headquarters was pivotal in its efforts to resolve the Bank Century bailout case.

'€œThe results of the raid were very useful in ensuring the quality of our ongoing investigation,'€ KPK commissioner Bambang Widjojanto said on Wednesday.

Another KPK commissioner, Adnan Pandu Praja, said the raid was partly aimed at locating log books that recorded the flow of money in the Century bailout.

'€œWe have been looking for the log books for quite a long time to see where the money went,'€ said Pandu.

The KPK prosecutors expect to find evidence of irregularities that occurred in the bailout by checking the log books, he said.

KPK investigators conducted a 20-hour search, which is the first of this case, at the BI headquarters in Central Jakarta. The raid started at 9 a.m. on Tuesday and only wrapped up at 5:30 a.m. on Wednesday.

The KPK team searched four directorates, including the Monetary Directorate and the Banking Supervision Directorate, to retrieve documents needed for the investigation.

Bambang also said that the central bank had been very cooperative during the raid.

'€œBI is a good role model as it ensures that law enforcement processes are objective. We urge the public and both state and private institutions to follow the steps of BI in combating corruption,'€ he said.

The KPK has focused its investigation on the alleged corruption of the extension of minimum requirements for short-term assistance (FPJP) to Bank Century and the determining of Century as a failed bank.

During its investigation into the case, the antigraft body has often clashed with the House of Representatives bailout monitoring team.

The team repeatedly criticized the KPK for its lack of conviction in prosecuting the case.

The team once again slammed the KPK on Wednesday for skipping another session on the bailout, which was expected to discuss the progress report on efforts to recover the bank'€™s assets.

Monitoring team members Bambang Soesatyo of the Golkar Party lashed out at the KPK for claiming its commissioners were out of town.

'€œWe will summon them [KPK] again next week because we want to know what the agency has done so far to recover the Bank Century assets,'€ Bambang said.

Earlier in the day, the team held a meeting with Law and Human Rights Minister Amir Syamsuddin and Attorney General Basyrief Arief to discuss progress in the probe, during which both officials were criticized for being '€œtoo slow with their work'€.

Members of the monitoring team told both officials that the government had been too focused on chasing assets abroad while neglecting those that remain in the country.

Lawmaker Indra of the Prosperous Justice Party said that the lack of data on the assets that remained in the country enabled convict and former owner of Bank Century, Robert Tantular, to continue business from his prison cell.

Robert reportedly sold the office building of a branch of Bank Mutiara (formerly Bank Century) in Surakarta, Central Java, in February.

In 2010, the Jakarta High Court increased Robert's sentence from four to five years in prison, after it found him guilty of issuing a letter of credit worth US$178 million, and unhealthy loans of Rp 362 billion ($38.5 million) and misusing funds of $18 million.