Two important BLBI documents go missing<\/p>\n
JAKARTA (JP): Two important documents of the Bank Indonesia
\nbelieved to contain information that could help reveal the
\nviolations of the central bank regulations in the extending of
\nemergency loans scam during the period from 1997 to 1999 are
\nmysteriously missing.<\/p>\n
Spokesman to the Attorney General's Office Muljohardjo said on
\nMonday that an investigation by the Supreme Audit Agency (BPK)
\ndisclosed that the directors' meeting notes on Aug. 15, 1997 and
\nAug. 20, 1997 cannot be found in the central bank's files.<\/p>\n
\"The policy to extend the liquidity supports was taken based
\non the results of these two meetings. It's strange that such well
\norganized filed documents could have gone missing.<\/p>\n
\"The prosecutors will summon those involved in the meetings to
\nclarify this,\" he told journalists at his office.<\/p>\n
The case centers around the misuse or malfeasance in
\nchanneling some Rp 144.5 trillion (US$15.3 billion) in liquidity
\nsupports to 48 commercial banks to help them cope with massive
\nruns during the bleakest period of the country's economical
\ncrisis.<\/p>\n
An investigative audit by BPK stated that some 95 percent of
\nthe emergency loans had either been misused or were extended
\nagainst banking regulations.<\/p>\n
Former BI governor Soedradjad Djiwandono, who held the post
\nwhen the alleged corruption took place, was again questioned on
\nMonday over the loan disbursement to the now defunct PT Bank
\nDagang Negara Indonesia (BDNI).<\/p>\n
The bank received some Rp 37 trillion in liquidity support
\nfrom Oct. 15. 1997 to Jan. 29. 1999. Prosecutors found that some
\nRp 4 trillion of the sum were misused by the bank's director
\nSjamsul Nursalim, who is a suspect in the case.<\/p>\n
Muljohardjo said that Soedradjad was also posed with questions
\nover the policy of the central bank on disbursing the liquidity
\nsupport during the five-hour-long session.<\/p>\n
\"The prosecutors, Baringin Sianturi and Suhartoyo, also asked
\nabout the criteria in extending the funds to the banks, which are
\nbased on the directors' meetings on Aug. 15 and Aug. 20, 1997,
\nwhether the disbursement was in accordance with the directors'
\nruling,\" he explained.<\/p>\n
Asked by reporters, Soedradjad claimed there was no wrongdoing
\nin the loan disbursement.<\/p>\n
He said he was also questioned as a witness in connection with
\nanother loan scam by the central bank's subsidiaries overseas,
\nthe Amsterdam-based N.V. Indover Bank and its affiliate Hong
\nKong-based Indover Asia Ltd.<\/p>\n
The scandal has inflicted some $1 billion in state losses.<\/p>\n
Former head of the Supreme Advisory Council A.A. Baramuli was
\nalso questioned on Monday as a witness over a $1.5 million loan
\nscandal which was disbursed by Indover Bank to his wife's company
\nPT United Coconut Indonesia (PT Unicotin).(bby)<\/p>",
"url": "https:\/\/jawawa.id\/newsitem\/two-important-blbi-documents-go-missing-1447893297",
"image": ""
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