Indonesian Political, Business & Finance News

Ex-PD Pasar Jaya

| Source: JP

Ex-PD Pasar Jaya
director questioned

The Jakarta Prosecutor's Office has questioned seven more
people, including an ex-director of the City-Owned Market Company
(PD Pasar Jaya) in connection with a Rp 2 billion (US$ 926,000)
embezzlement at the company.

Former PD Pasar Jaya finance and administrative affairs
director Omaran and six other officials were questioned by the
prosecution's team last week as witnesses in the case, which
involved Atin Setiadi as a main suspect.

Setiadi, 36, a low-ranking official in the treasury department
of the company, was captured by police on June 6 in Labuan,
Pandeglang, West Java, where he had been hiding for six months.

Reliable sources have indicated that Setiadi had told the
investigators that he did not act alone in the fraud which had
allegedly been going on for years.

The prosecutor's office has thus far questioned at least 21
people, including senior officials of the company.

In the embezzlement, Setiadi reportedly manipulated
employees' pension funds, insurance premiums and registration
fees as well as the firm's taxes. (has)

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