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| Nov 12, 2008 | |
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Bank officials jailed for graft
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| JAKARTA - AN INDONESIAN court sentenced two former senior central bank officials to four years in jail on Wednesday in a corruption case linked to a relative of President Susilo Bambang Yudhoyono.
Indonesia's feared anti-corruption court found Oey Hoey Tiong and Rusli Simanjuntak guilty by of embezzling 100 billion rupiah (S$14 million) from the central bank. Some 31.5 billion rupiah of the embezzled money was used to bribe legislators deliberating a law governing Bank Indonesia's operations, the court found. The remaining 68.5 billion rupiah was used to hire lawyers to defend senior bank officials accused of embezzling billions of dollars in bailout funds for Indonesian banks that went missing during the 1997-98 Asian financial crisis. 'Both defendants have been proved legally and convincingly to have been corrupt and must be sentenced to four years in jail and fined 200 million rupiah (18,600 dollars) each,' chief judge Moefri told the court. The convictions come after the court in Oct sentenced former BI governor Burhanuddin Abdullah to five years in jail for his role in the scandal, which has been linked to Mr Aulia Pohan, the father-in-law of Mr Yudhoyono's son. The powerful Corruption Eradication Commission named Pohan a suspect in the graft case last month. Two lawmakers are also on trial in the corruption court over the case, which is seen as a key litmus test of Mr Yudhoyono's pledged anti-corruption drive. -- AFP | |
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