Ex-Mandiri chiefs to stand trial

Ex-Mandiri chiefs to stand trial

JAKARTA: Three former directors of state-owned Bank Mandiri
will go on trial next week at the South Jakarta District Court on
corruption charges in a lending scam involving Rp 12 trillion
(US$1.2 billion).

Former president director E.C.W. Neloe, former vice president
I Wayan Pugeg and former corporate banking director M. Sholeh
Tasripan will be charged for knowingly disbursing Rp 160 billion
in loans without proper due diligence to PT Cipta Graha Nusantara
(CGN), one of 22 companies allegedly involved in the case.

The offenses come under Law No. 31/1999 on anticorruption and
carry a maximum life sentence.

A clerk at the court, Yunda Hasbi, said on Monday his office
received the case files for the defendants on Sept. 27 and that
the trials would start on Oct. 10.

Yunda said the court had appointed Judge Soedarto to chair a
panel of three judges to hear the case. The other judges are I
Ketut Mamika and Gatot Suharnoto. -- JP