Indonesian Political, Business & Finance News

Police question Suta

| Source: JP

Police question Suta

JAKARTA: Police investigators questioned on Wednesday former
Indonesian Bank Restructuring Agency (IBRA) chairman I Putu Gede
Ary Suta about his role in a high profile financial scandal.

National Police deputy spokesperson Brig. Gen. Soenarko
Ardanto said on Wednesday that Suta was questioned for seven
hours, during which police investigators asked 32 questions
related to some documents and procedures on the use of the so-
called Account No. 502.

The Supreme Audit Agency (BPK) had alleged earlier that IBRA
and Bank Indonesia (BI) had misused funds totaling Rp 20.9
trillion from the Account No. 502 at BI.

Police investigators had said earlier that former BI Governor
Sjahril Sabirin, former IBRA chairmen Cacuk Sudarijanto and Suta
had already been declared suspects, but police said on Wednesday
that Suta was questioned as a witness.

Account 502 was created by the government to pay third party
funds in banks closed at the height of the economic crisis in
1998, but BI and IBRA had allegedly used part of the funds to
recapitalize banks under IBRA's custody. --JP

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