Indonesian Political, Business & Finance News

Prabowo quizzed over Mandiri case

| Source: JP

Prabowo quizzed over Mandiri case

JAKARTA: PT Kiani Kertas president director Prabowo Subianto
was questioned at the Attorney General's Office on Tuesday in
connection with a lending scam at Bank Mandiri that allegedly
caused Rp 12 trillion (US$1.28 billion) in state losses.

It was the first time Prabowo, former son-in-law of former
president Soeharto, was questioned over the case. He failed to
respond to a summons last week.

Pulp and paper company PT Kiani is one of the debtors at Bank
Mandiri, with its borrowing amounting to $201 million. Other
debtors are broadcasting company PT Lativi Media Karya, PT Siak
Zamrud Pusaka, PT Cipta Graha Nusantara/Tahta Medan and PT
Arthabhama Texindo/Arthamustika Texindo.

Three former top officials at Mandiri, including former
president director E. CW. Neloe, and four executives from the
debtor companies have been named as suspects in the case and
detained by the Attorney General's Office. -- JP

View JSON | Print