Bankers released from detention

Bankers released from detention

JAKARTA (JP): Police have released three executives of three
newly suspended banks and another from a bank liquidated last
year on their own recognizance, an officer said on Wednesday.

National Police spokesman Brig. Gen. Togar Sianipar told
reporters that the police had temporary released Leonard
Tanubrata, president of Bank Umum Nasional (BUN); Kiki Hamid
Djaja, a director of Bank Modern; Husni Ali, credit director of
Bank Dagang Nasional Indonesia (BDNI); and Jhonny Basuki,
president of Sejahtera Bank Umum (SBU).

"Their release on Tuesday was on two main terms, namely that
they would not attempt to flee the country and they would not
delete evidence regarding their cases," Togar said.

The three senior executives of the three private banks
suspended by the government on Aug. 21 -- Leonard, Kiki and Husni
-- had been detained for two weeks at National Police
Headquarters.

Jhonny was named a suspect earlier this month as part of a
police investigation of 16 insolvent banks closed down by the
government last November.

The four suspects, along with 23 others, have been accused of
breaching the legal lending limit and not reporting it to
accounting staff -- a violation of Law No. 7/1992 on banking.

If found guilty, the suspects could face a maximum sentence of
six years in jail and a Rp 6 billion fine. (edt)