Government bank scams<\/p>\n
Just like so many other citizens, I was neither quite
\nconcerned nor surprised upon learning of the lending fraud cases
\nat BNI and BRI, both state-owned banks (which means that they are
\nalso owned by the Indonesian people), inflicting upon the state
\nstaggering losses totaling respectively Rp 1.7 trillion and Rp
\n294 billion.<\/p>\n
Involving insiders, these scams have been committed in a very
\nsly, almost professional manner. These insiders surely would have
\nbeen people that the government trusted to run the banks so that
\nthe banks could make legitimate profits. The government is
\nsupposed to later allocate the profit for the promotion of the
\ngeneral welfare of the Indonesian people and also for the
\nsalaries of the banks' employees.<\/p>\n
Reports about these fraud cases did not come as a surprise to
\nme, as many similar scandals had been committed earlier. I have
\noften wondered why it seems difficult for the government to
\nmonitor its banks and their employees. With proper monitoring and
\ndevelopment, banks can expand in a healthy way. Bank employees
\nwith good achievement should be rewarded and promoted while
\ndishonest ones should be punished.<\/p>\n
SUGENG HARTONO
\nJakarta<\/p>",
"url": "https:\/\/jawawa.id\/newsitem\/government-bank-scams-1447893297",
"image": ""
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"sponsor": "Okusi Associates",
"sponsor_url": "https:\/\/okusiassociates.com"
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