Police arrest 7th suspect in Bank Arta Prima scam<\/p>\n
JAKARTA (JP): Police arrested yesterday one more businessman
\nfor his alleged involvement in corruption related to the issuance
\nof commercial papers and bad credit at Bank Arta Prima.<\/p>\n
City Police Chief Maj. Gen. Hamami Nata said yesterday the
\narrest of the businessman brought the total number of alleged
\nsuspects in the case to seven.<\/p>\n
\"The new alleged suspect's initial is S,\" said Hamami.<\/p>\n
The police declined to disclose any additional information
\nabout the man's identity.<\/p>\n
Six former directors of the bank and business men had earlier
\nbeen arrested for alleged involvement in a scam worth Rp 1.2
\ntrillion (US$516 million), made up of Rp 324 billion of
\ncommercial papers underwritten by Bank Arta Prima and Rp 700
\nbillion in bad credit.<\/p>\n
The bank, originally founded by PT Gunung Agung, had issued
\ncommercial papers without approval from Bank Indonesia, the
\ncentral bank. Around 11 papers have been seized as evidence so
\nfar.<\/p>\n
\"The amount of confiscated assets related to the bank scam has
\nreached around Rp 200 billion,\" Hamami said<\/p>\n
The amount included assets seized earlier from one of the
\nseven suspects in the case, Kim Johanes Mulia. He was one of the
\nowners of PT Jagata Primabumi, which in July 1995 acquired Bank
\nArta Prima from Gunung Agung.<\/p>\n
Chief of City Police Detectives, Col. Gories Mere, earlier
\nsaid police had seized assets belonging to Kim worth around Rp
\n172.5 billion.<\/p>\n
\"As much as Rp 170 billion was in the form of commercial
\npapers, while the remaining Rp 2.5 billion was derived from Kim's
\naccounts at two local banks,\" Gories said.<\/p>\n
One of the other six detained businessmen, Made Oka Masagung,
\nwas a former main shareholder and now advisor of PT Gunung Agung,
\na widely-diversified business group involved in book publishing,
\na bookstore chain and other businesses.<\/p>\n
Kim and Made have officially been banned from leaving the
\ncountry since May 7.<\/p>\n
The remaining four were Chaidil Aini and Husni Ali Thaqil,
\nrespective former president and director of Bank Arta Prima, and
\nHari Suhalim and Marul Maulana, both former bank commissioners.
\n(cst)<\/p>",
"url": "https:\/\/jawawa.id\/newsitem\/police-arrest-7th-suspect-in-bank-arta-prima-scam-1447893297",
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