Red notice for Global fugitives issued<\/p>\n
Eva C. Komandjaja, The Jakarta Post\/Jakarta<\/p>\n
The International Police (Interpol) has issued a red notice to
\nhelp the Indonesian police capture two executives of the troubled
\nBank Global for their alleged role in a scam that led to the
\nbank's suspension.<\/p>\n
\"We have heard from Interpol that they have issued a red
\nnotice for Irawan Salim and Rico Santoso,\" National Police chief
\nof detectives Comr. Gen. Suyitno Landung Sudjono said on
\nWednesday.<\/p>\n
He was referring to the bank's president director and
\noperational director respectively.<\/p>\n
The Indonesian police sought help from Singapore Police and
\nthe Lyon, France-based Interpol after learning that both Irawan
\nand Rico disappeared just after Bank Indonesia froze the
\noperations of Bank Global on Dec. 11. The two have been named
\nfugitives since then.<\/p>\n
Police have detained 11 other executives of the private bank,
\nwhich was suspended after its Capital Adequacy Ratio (CAR) had
\ndropped from 44.8 percent to minus 39 percent. The CAR measures
\nthe financial health of a bank, and Bank Indonesia requires banks
\nin Indonesia to have a minimum CAR of 8 percent.<\/p>\n
Irawan and Rico are charged with trying to cover up their
\nmisdeeds by attempting to destroy bank documents since the bank's
\nfinancial health deteriorated sharply over the last couple of
\nmonths due to fictitious lending activities and bank fraud.<\/p>\n
The whereabouts of the two fugitives remains unknown.<\/p>\n
According to the police, Irawan had booked a flight to
\nSingapore on Dec. 11, the day before the police arrested the
\nother bank executives.<\/p>\n
However, Irawan's lawyer Juan Felix Tampubolon said his client
\nleft for the United States to seek new investors for his bank.
\nThe lawyer strongly denied that his client was evading arrest.<\/p>\n
There are rumors in circulation that Irawan had crossed the
\nU.S. border to Toronto, Canada, but Suyitno said the fugitive
\ncould be anywhere once he managed to flee Indonesia.<\/p>\n
The country has no extradition treaty with the U.S. or
\nSingapore.<\/p>\n
As for Rico, Suyitno said his investigative team had not found
\nany proof that Rico had left the country.<\/p>\n
The police have slapped a travel ban on Irawan and Rico.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/red-notice-for-global-fugitives-issued-1447893297", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }