Tanri supports controversial EGP agreement<\/p>\n
JAKARTA (JP): Former Bank Bali president Rudy Ramli testified
\non Wednesday that Tanri Abeng, the then state minister of
\ninvestment and state enterprise development, had warned him not
\nto cancel the banks' controversial agreement with PT Era Giat
\nPrima (PT EGP).<\/p>\n
Rudy testified before the Central Jakarta District Court,
\nwhich is hearing the case against Bank Indonesia governor Sjahril
\nSabirin, that on May 26, 1999 he called Djoko S. Tjandra, one of
\nthe owners of PT EGP, who had promised to help him reclaim loans
\nowed by several closed-down and taken-over banks from the
\nIndonesian Bank Restructuring Agency (IBRA).<\/p>\n
Djoko, however, was angry, saying he had worked hard with
\nTanri to make the plan work. Tanri, who was with Djoko, took the
\nphone and warned Rudy not to cancel the agreement, Rudy said.<\/p>\n
Rudy told the court that Bank Indonesia, the central bank,
\ndisbursed Rp 904 billion (US$95.1 million) of IBRA funds in
\nrepayment of Bank BDNI debt to Bank Bali on June 2 1999. Bank
\nBali then transferred Rp 504 billion of the money to PT EGP.<\/p>\n
Sjahril is being tried for allegedly ordering one of his
\ndirectors, Erman Munzir, sometime between February 1999 and June
\n1999, to disburse the money to Bank Bali.<\/p>\n
Rudy said that Djoko first contacted him early in October
\n1998, offering to help after Bank Bali had failed to persuade
\nBank Indonesia to disburse IBRA funds in repayment of the Bank
\nBDNI debt.<\/p>\n
"At that time, I just knew Djoko S. Tjandra by name, he was
\nfrom the Mulia group. A few days, later I met Djoko and he told
\nme that he wanted to buy the debt owed to Bank Bali by Bank
\nBDNI," Rudy explained.<\/p>\n
He said Djoko asked him on Feb. 11 to send a Bank Bali
\nofficial to a meeting in the Hotel Mulia, which was to be
\nattended by high ranking officials from Bank Indonesia and IBRA.<\/p>\n
Rudy sent Bank Bali director Firman Sutjahya to the meeting.
\nRudy said Firman later reported that the meeting was attended by
\nDjoko, Sjahril, Tanri, former head of the Supreme Advisory
\nCouncil A.A. Baramuli, a former deputy chairman of IBRA, Pande N.
\nLubis, businessman Setya Novanto, and Irvan Gunardwi.<\/p>\n
Rudy said Firman also told him that Bank Indonesia would soon
\nprocess the disbursement of the IBRA funds to Bank Bali.<\/p>\n
The South Jakarta District Court last year exonerated Djoko
\nand Lubis from all charges. (01)<\/p>",
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