Indonesian Political, Business & Finance News

Hasjim under city arrest

| Source: JP

Hasjim under city arrest

JAKARTA: Suspect in the Bank Indonesia Liquidity Support Fund
(BLBI) case, Hasjim Djojohadikusumo, has been placed under city
arrest effective Wednesday at 3 p.m.

Presiding Judge Halim Rusdi of the Central Jakarta District
Court fulfilled the request of Hasjim's lawyer, Hotman Paris
Hutapea, to change Hasjim's status.

Hasjim, former president commissioner of Bank Industri, has
been detained at Salemba Penitentiary since March 13. He was
arrested along with the bank's director Umar Yudi, who remains at
the penitentiary, for violating the legal lending limit which
caused the country to suffer losses of Rp 4 billion (US$400,000).
-- JP

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