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Jakarta Post

Kalla claims innocence in bailout, points finger at Sri Mulyani

  • Margareth S. Aritonang

    The Jakarta Post

Jakarta   /   Thu, September 20 2012   /  09:26 am
His story: Former vice president Jusuf Kalla gives his side of the story during a hearing with lawmakers about the Bank Century bailout. The hearing was held on Wednesday to clarify the controversial Rp 6.7 trillion bailout for the bank in 2008. (JP/Wendra Ajistyatama)(JP/Wendra Ajistyatama)

His story: Former vice president Jusuf Kalla gives his side of the story during a hearing with lawmakers about the Bank Century bailout. The hearing was held on Wednesday to clarify the controversial Rp 6.7 trillion bailout for the bank in 2008. (JP/Wendra Ajistyatama)Former Vice President Jusuf Kalla claimed that he had no hand in the government’s decision to use Rp 6.7 trillion (US$710.2 million) of public money to save the floundering Bank Century in 2008, and singled out then finance minister Sri Mulyani Indrawati as the main culprit.

Responding to Kalla’s claim, the House of Representatives Bank Century bailout monitoring team decided to summon Sri Mulyani to a future hearing.

According to Kalla, the 2008 Regulation on the Financial System Safety Net (JPSK), signed by President Susilo Bambang Yudhoyono, granted Sri Mulyani full authority to disburse unlimited amoun...