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Jakarta Post

Editorial: The fallout of the Century

  • The Jakarta Post

Jakarta   /   Thu, March 4 2010   /  08:42 am

Now that the House of Representatives has ruled the 2008 bailout of Bank Century was unjustified, the nation next has to brace for the inevitable political fallout. Wednesday’s vote has not laid to rest the political spectacle playing out over the past two months, courtesy of the House’s special inquiry committee probing the Rp 6.76 trillion (US$716 million) case. Instead, expect more fighting among the political elite, probably more intense than before.For one thing, the fate of Vice President Boediono and Finance Minister Sri Mulyani Indrawati hangs in the balance after the House resolution named them the persons most responsible for the bailout decision and hence liable to a protracted legal investigation.There is also the future of the Cabinet after some of the parties in the ruling coalition voted against President Susilo Bambang Yudhoyono’s Democratic Party. It is simply ...