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View all search resultsCorruption Eradication Commission (KPK) prosecutors have demanded that Syafruddin Arsyad Temenggung, the former chairman of the Indonesian Bank Restructuring Agency (IBRA), be sent to 15 years behind bars for his role in a case related to irregularities surrounding the disbursement of Bank Indonesia liquidity support (BLBI).
Corruption Eradication Commission (KPK) prosecutors have indicted Syafruddin Arsyad Temenggung, former chairman of the Indonesian Bank Restructuring Agency (IBRA), for his alleged involvement in a case pertaining to irregularities surrounding the disbursement of Bank Indonesia liquidity support (BLBI).
The Corruption Eradication Commission (KPK) has completed a dossier on Syafruddin Arsyad Temenggung, the former chairman of the Indonesian Bank Restructuring Agency (IBRA), in regards to a graft case pertaining to irregularities surrounding the disbursement of Bank Indonesia Liquidity Support (BLBI).
The Corruption Eradication Commission (KPK) detained on Thursday former Indonesian Bank Restructuring Agency (IBRA) chairman Syafruddin Arsyad Temenggung in connection to a graft case pertaining to irregularities surrounding the disbursement of Bank Indonesia liquidity support (BLBI).
Assuming the case against Temenggung is really air tight, it could eventually reveal what happened to tens of billions of dollars’ worth of assets taken over by the IBRA from nationalized and closed banks during the height of the 1998 economic crisis.
President Joko "Jokowi" Widodo shrugged off suggestions saying that the ongoing investigation into the 2002 Bank Indonesia liquidity support (BLBI) case could implicate former president Megawati Soekarnoputri, who is also the chairwoman of his Indonesian Democratic Party of Struggle (PDI-P).
Activists at the Indonesian Forum for Budget Transparency (Fitra) on Wednesday urged President Joko "Jokowi" Widodo to give political support to the anti-graft body, the Corruption Eradication Commission (KPK), as it investigates alleged irregularities surrounding the disbursement of Bank Indonesia liquidity support (BLBI) to monetarily affected banks almost two decades ago.
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