Condo tycoon held at AG office<\/p>\n
JAKARTA (JP): The Attorney General's Office is detaining a
\ncondominium tycoon on suspicion of embezzling Rp 65 billion
\n(US$7.6 million) in state money.<\/p>\n
Barman, a spokesman for the Attorney General's Office, said
\nMonday that the suspect, Seno Margono, alias Tjiang Lek Seng, 38,
\nwas handed over by the Jakarta Internal Security Agency last
\nThursday.<\/p>\n
He has being charged with embezzling Rp 65 billion. Seno
\nallegedly counterfeited state land titles, which he then used as
\ncollateral to obtain a bank loan, Barman said.<\/p>\n
Seno borrowed the money from Bank PDFCI, a private bank which
\nwas brought under government management on Saturday as part of
\nmeasures to reform the country's weak banking sector.<\/p>\n
\"The money was then used to build a condominium in Kemayoran,
\nCentral Jakarta,\" Barman added.<\/p>\n
Spokesman for the Jakarta Internal Security Agency Lt. Col.
\nD.J. Nachrowi said the suspect had been transferred to the
\nAttorney General's Office because corruption cases came under its
\nmandate.<\/p>\n
Nachrowi said Seno was also under investigation for allegedly
\ndefrauding the now defunct Bank Harapan Santosa (BHS) of Rp 3
\ntrillion.<\/p>\n
Seno is the son-in-law of Hendra Rahardja, one of the
\ndirectors of BHS, which was liquidated by the government last
\nyear. (edt)<\/p>",
"url": "https:\/\/jawawa.id\/newsitem\/condo-tycoon-held-at-ag-office-1447893297",
"image": ""
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"sponsor": "Okusi Associates",
"sponsor_url": "https:\/\/okusiassociates.com"
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