Govt appoints new Bapindo president

Govt appoints new Bapindo president

JAKARTA (JP): Finance Minister Mar'ie Muhammad yesterday
appointed Arbali Sukanal K. as president of the credit fraud
affected Bank Pembangunan Indonesia (Bapindo).

Arbali, formerly a director of the state-owned Bank Bumi Daya
(BBD), filled Bapindo's top position, which had been vacant since
the removal of the former president Towil Heryoto early last year
for his alleged involvement in the bank's US$430 million credit
fraud.

Achmad Marzuki, formerly the provisional caretaker of the
state-owned Bapindo, was appointed as director at BBD, replacing
Arbali.

The minister also appointed other new members of Bapindo's
board of executives, including Adri Sujana, previously a director
of the state-owned Bank Ekspor Impor Indonesia (Exim), Pande
Nasorahona Lubis, formerly the head of Bapindo's branch on Jl.
Rasuna Said of South Jakarta, Soeryanto, formerly Bapindo's head
for human resource development, and I Wayan Agus Mertayasa, a
former senior executive of the state-owned Bank Dagang Negara
(BDN).

Other new appointees included Roesdijono, who was installed as
inspector general of taxes, and Saroyo Atmosudarmo as director
for value added tax at the Directorate General of Taxes.

The executive board of Bapindo has been reshuffled several
times following the disclosure of Bapindo's credit scandal which
allegedly involved three former presidents of the bank, Towil,
Sjahrizal and Subekti Ismaun. The bank's three former presidents
are now being tried by Jakarta courts.

Eddy Tansil, the prime partaker in the loan scandal, was
sentenced to 17 years imprisonment, while Maman Suparman, a
former head of Bapindo's Jakarta branch was jailed for nine years
for his part in the loan scam. Eddy, head of the Golden Key
business group, was charged with defrauding Bapindo's loans of
around Rp 1.3 trillion.(hen)