Indonesian Political, Business & Finance News

Bank Bali's case tip of the iceberg

Bank Bali's case tip of the iceberg

From Media Indonesia

Having observed the Bank Bali case since its disclosure by Mr. Pradjoto, we from the Sekar Tiara non-governmental organization feel called upon to convey our support and admiration for all his efforts.

In our opinion the Bank Bali case is only the tip of the iceberg of many decaying economic pillars in Indonesia of the New Order regime.

It is still fresh in our minds that social safety network funds to alleviate poverty did not reach those to whom the funds were addressed.

Our NGO has observed that in the context of restoring the rural community's economic situation, many government programs as well as direct aid from donor institutions have been misappropriated by both the central and the regional bureaucracy. For this reason we appeal to fellow NGOs all over Indonesia to try to collect more data and submit it to the proper institutes so that all forms of irregularities affecting the people's sufferings can be terminated.

With regard to Bank Bali, we are convinced that there are many more cases in national banking which have not yet been disclosed in a transparent way. This impacts enormously on the national banking recapitalization program and will finally make it harder for the already strapped Indonesian economy to recover.

Especially in regards to Mr. Pradjoto, whom we have known for more than 15 years, we trust that "Pradjoto will remain the same man we have known and will always be committed to justice". We strongly believe that he will maintain his fight against injustices. He must be convinced that God will protect him and his family in ways we will never come to know.

Good luck! Even with our limitations we are ready to help him in whatever way we can.

NI ALAMSYAH

Chairman of YKSM Sekar Tiara

Jakarta

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