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.
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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