Ten years sought for ex-Bapindo boss<\/p>\n
JAKARTA (JP): Government prosecutors yesterday urged a
\nJakarta court to sentence Subekti Ismaun, former president of
\nBank Pembangunan Indonesia (Bapindo), to 10 years imprisonment
\nfor his alleged role in a Rp 1.3 trillion ($620 million) loan
\nscam.<\/p>\n
Tarwo Hadi Sadjuri, the chief prosecutor, told the South
\nJakarta District Court that Subekti, individually and
\ncollectively with other Bapindo directors, was responsible for
\nthe huge losses inflicted on the state bank.<\/p>\n
The defendant also helped to enrich a third party, he said, in
\nan apparent reference to Eddy Tansil, the businessman to whom the
\nhuge Bapindo loans were extended.<\/p>\n
The prosecution, which is accusing Subekti of corruption, also
\nurged the court to order Subekti to a fine of Rp 30 million
\n($13,700), or sentence him to an additional six months in prison,
\nhe added.<\/p>\n
In addition, the prosecutors wanted the court to declare
\nvarious assets, including a house in the exclusive Kebayoran Baru
\narea in South Jakarta, two cars, Rp 1.3 billion ($620,896.2) in
\ncash, and the money in Subekti's bank accounts as state property.<\/p>\n
The prosecutors said Subekti in his dealing with Tansil
\nviolated a number of banking principles and standard procedures,
\nallowing Tansil to cash in on huge loans.<\/p>\n
Subekti, according to the prosecution, failed to exercise the
\ncaution required of a bank president in approving huge loans to
\nTansil. For example, Subekti approved the loans without requiring
\nTansil to sign a loan contract.<\/p>\n
Tansil, the owner of the Golden Key Group, has already been
\nsentenced to 17 years imprisonment for his role. A junior Bapindo
\nexecutive is serving a nine year prison term and three other
\nformer Bapindo directors are also on trial on the same charges.
\n(imn)<\/p>",
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