Apa Kabar

The Attorney General’s Office is breaking new ground. Two special teams are being formed to re-investigate the Rp650 trillion BLBI debt settlement by former owners of banks devastated by the economic crisis 10 years ago. One target may be—once again—the boss of Gajah Tunggal, Sjamsul Nursalim. Documents obtained by Tempo point to possible crimes committed by Bank Dagang Nasional Indonesia (BDNI) he owned. The Attorney General at the time even asked the United States to trace BDNI’s assets there. (more…)

THEY are called the team of prosecuting attorneys in charge of the Bank Indonesia Liquidity Assistance (BLBI) case. From here, it is clear what the special target of the team formed by the Attorney General’s Office are. They are the country’s top problem debtors, black tycoons who were able to settle their debts with help from the central bank, or in other words state money—valued at hundreds of billions or even trillions of rupiah. (more…)