`Attorney General's office not slow in handling Kanindo case'<\/p>\n
JAKARTA (JP): A senior official of the Attorney General's
\nOffice yesterday rejected the allegation that his office has been
\nslow at investigating the debt scandal at the Kanindo textile
\ncompany.<\/p>\n
Deputy Attorney General for Special Crimes A. Soetomo told
\nreporters yesterday that his office is waiting for word from the
\nMinistry of Finance that the debacle has caused financial losses
\nto the state before it can start investigating Kanindo, which is
\nowned by controversial businessman Robby Tjahyadi.<\/p>\n
"You cannot say that we are very slow in anticipating the
\npotential debt arrears of Robby Tjahyadi," he told reporters.<\/p>\n
He added that the Attorney General's office is monitoring the
\nsituation closely and has already started to gather data and
\ninformation.<\/p>\n
Robby is reported to have defaulted on some Rp 500 billion
\n(US$239 million) worth of loans with two government banks, Bank
\nBumi Daya and Bank Pembangunan Indonesia (Bapindo).<\/p>\n
News of Kanindo's financial trouble surfaced in August when
\nthe company was rumored to be facing a takeover by Texmaco, a
\nmajor textile producer, and the Association of Batik Cooperatives
\n(GKBI).<\/p>\n
This came immediately on the heels of another loan scandal,
\ninvolving Rp. 1.3 trillion ($620 million), also at Bapindo. The
\nbad loans were issued to Eddy Tansil, the owner of the Golden Key
\nGroup, which is active in petrochemical projects.<\/p>\n
A new twist to the Kanindo debacle was added this week with
\nthe allegations that Kim Johannes, a textile businessman, has
\nbeen forging export documents in support of his loan applications
\nat Bapindo. He has used the funds to keep to Kanindo afloat.<\/p>\n
Soetomo said the Attorney General's Office is working closely
\nwith the directorate general of customs and excise duties in
\ninvestigating the export documents. (02)<\/p>",
"url": "https:\/\/jawawa.id\/newsitem\/attorney-generals-office-not-slow-in-handling-kanindo-case-1447893297",
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"sponsor": "Okusi Associates",
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