AGO to freeze Neloe's assets

JAKARTA: Prosecutors will seize the personal assets, including bank accounts, of E.C.W. Neloe, a key suspect in an alleged graft case at state-owned Bank Mandiri.

Deputy Attorney General for Special Crimes at the Attorney General's Office (AGO) Hendarman Supandji said on Tuesday that prosecutors were currently collecting data on Neloe's assets.

"We have frozen some of his (bank) accounts but we also found out that he has other bank accounts overseas as well," Hendarman said after visiting National Police chief Gen. Sutanto at police headquarters.

However, Hendarman refused to state the exact value of Neloe's assets that would be confiscated by prosecutors.

Neloe, a former president director at the bank, was arrested along with vice president I Wayan Pugeg and director of corporate banking M. Sholeh Tasripan for their alleged role in a lending scam that caused losses to the bank of Rp 12 trillion (US$1.22 billion). -- JP