Indonesian Political, Business & Finance News

AG office frees two suspects

| Source: JP

AG office frees two suspects

JAKARTA (JP): The Attorney General's Office has freed two
suspects, Leo Tanubarta and Kaharuddin Ongko, in the corruption
case concerning Bank Indonesia's liquidity support for Bank Umum
National (BUN), a private bank owned by the Ongko Group.

Kaharuddin was freed because he suffered from epilepsy, which
required him to undergo intensive medical treatment, Antara
quoted the office's spokesman, Muljohardjo, as saying Monday.

Leo was freed because, as the president director of PT Bank
Umum Nasional, he was needed in the company to settle the debts
of its subsidiary PT Giani Wiruda, which is now under the
supervision of the Indonesian Bank Restructuring Agency (IBRA).

The spokesman noted that, although they had been freed, their
case concerning the abuse of some Rp 5 trillion from Bank
Indonesia's Bank liquidity support fund was not closed. "It has
only been postponed," he said.

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