Rudy Ramli files suit

Rudy Ramli files suit

JAKARTA (JP): Former Bank Bali president Rudy Ramli lodged on
Thursday a complaint against the chief integration officer of
Standard Chartered Bank (SCB) and two Indonesian Banking
Restructuring Agency (IBRA) executives for tarnishing his name in
media reports, the city police chief of detectives said.

Col. Alex Bambang Riatmodjo said the complaint was made in
connection to newspaper reports on Aug. 18 this year quoting SCB
chief integration officer Douglas K. Beckett and IBRA executives
Glenn. S. Yusuf and Farid Haryanto.

Alex quoted the three men as saying in the reports that Rudy
had quietly sold some US$130 million of the bank's loaned assets,
which could increase the bank's recapitalization cost.

"Rudy feels it's all a lie, and that the accusations were
baseless," he said.

Rudy's lawyer, Bob R.E. Nasution, earlier said the only reason
Rudy was approaching the city police and not the National Police
Headquarters was to "show Glenn and Farid, what they were really
worth".

"Well, they (Farid and Glenn) deserve to be handled by police
subprecinct officers. But city police should do."

Farid had earlier said that the loaned assets sold by Rudy,
included non-performing loans, which were supposed to be
transferred to the agency later in return for government
recapitalization funds injected into the bank. (ylt)