Anti-graft body urged to probe Bank Century case
Fri, November 20 2009 09:38 | 416 Views
Bank Century. (ANTARA)
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Jakarta (ANTARA News) - Activists of the "77/78 Discussion Group" have urged the Corruption Eradication Commission (KPK) to investigate the Bank Century case so that its legal problems could be solved soon.
In a press statement made available to ANTARA News here on Thursday, the group said the KPK should investigate the Bank Century case immediately because it involved "an extra-ordinary crime."
It called on state officials to take immediate responsibility for solving the scandal transparently. The bank`s customers` money must also be refunded soon.
Besides, the group also urged the management of Bank Century to account for the bank problems based on the law. It also called for the responsibilities of Bank Indonesia (BI/the central bank) and the government for their policies with regard to the bank.
It said that the case involved a number problems such as that of PT Antaboga Deltasekuritas which sold a fictitious investment product from 2002 to 2008.
Robert Tantular, owner of PT Antaboga, had used Bank Century to ask its customers to transfer their funds into PT Antaboga, that caused the bank`s liquidity to drop drastically.
The liquidity problem caused Bank Century to experience defaults so that Rp1.5 trillion of customers` money could not be refunded.
Up to now, the bank`s customers are still striving to retrieve their deposits at the bank.
The government later took over the ailing bank, providing it with bailout funds totaling Rp6.7 trillion, which exceeded the Rp1.3 trillion which was proposed to the House of Representatives (DPR). (*)Editor: Bambang
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