Councillor held for alleged fraud

Councillor held for alleged fraud

BANDARLAMPUNG, Lampung: Lampung Police said on Tuesday that
they had arrested Slamet Supriyadi, an executive with a local
financial services company as well as a politician, on fraud
charges.

Slamet, the managing director of CV Graha Artha Masindo (GAM)
in Metro municipality, Lampung, who is also a councillor on the
Metro municipal council, was arrested on Monday along with dozens
of employees for allegedly operating an illegal loan scheme under
the guise of savings and loans cooperative.

During the operation, Lampung Police also confiscated four
filing cabinets, client lists, savings and transfer receipts,
dozens of computers, a television set, three motorcycles and two
Espass vans, said Lampung Police chief Brig. Gen. Rasyid Ridho on
Tuesday. -- JP