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Prosecutors to make charges against ex-IBRA head

Corruption Eradication Commission (KPK) prosecutors  are set to read out their indictment against Syafruddin Arsyad Temenggung, a former Indonesian Bank Restructuring Agency (IBRA) chairman, in the Bank Indonesia liquidity support (BLBI) case on Monday, , kompas.com reported.

News Desk (The Jakarta Post)
Jakarta
Mon, May 14, 2018

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Prosecutors to make charges against ex-IBRA head Suspected: Syafruddin Arsyad Temenggung, a former Indonesian Bank Restructuring Agency (IBRA) chairman, leaves the Corruption Eradication Commission (KPK) office after attending a questioning session on April 18. (Antara/Hafidz Mubarak A.)

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orruption Eradication Commission (KPK) prosecutors  are set to read out their indictment against Syafruddin Arsyad Temenggung, a former Indonesian Bank Restructuring Agency (IBRA) chairman, in the Bank Indonesia liquidity support (BLBI) case on Monday, kompas.com reported.

Syafruddin was named a suspect for his alleged involvement in irregularities surrounding BLBI disbursement. Syafruddin was accused of issuing in 2004 a letter for Sjamsul Nursalim, the owner of Bank Dagang Negara Indonesia (BDNI), freeing him from the obligation to pay a debt of Rp 3.7 trillion (US$264.8 million) owed to the government.  

An investigation audit report released by the Supreme Audit Agency (BPK) on Aug.25, 2017 revealed that the case had caused Rp 4.58 trillion in losses to the state. The estimated state losses were higher than the Rp 3.7 trillion previously estimated by the KPK.

During its investigation into the case, the KPK questioned 72 witnesses. Syafruddin was charged under articles of the 2002 Corruption Law and Criminal Code.  (ebf)

 

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