House inquiry into Bank Century case necessary : observer

November 24, 2009 12:16 pm

JAKARTA, Nov. 24 — Economic observer Fadhil Hasan said the House of Representatives (DPR) should approve legislators` initiative to conduct an inquiry into the Bank Century case.

"The State Audit Board (BPK) investigative audit is not focused on auditing the flows of Bank Century funds so that the House should conduct an inquiry," he said here on Monday.

He said however that the result of the BPK audit had indicated that the decisions by Bank Indonesia (BI/the central bank) and by the Financial Sector Policy Committee (KKSK) in bailing out Bank Century were less appropriate.

The report also indicated that BI had prepared a regulation for salvaging the bank.

Although it was normative enough, the BPK audit was not able to expose Bank Century`s flow of funds because it was not given access by the Financial Transaction Analysis and Report Center (PPATK) to trace them.

"Actually, the public is waiting for the exposure of the fund flows," he said.

To solve the problem, Fadhil hoped that the House would approve the initiative of a group of legislators which had proposed to use their right to inquire the alleged bank scandal.

"The House inquiry should be continued to trace the flow of the funds so that rumors will not emerge and spread more widely," he said.

Besides through the House inquiry, the government could also set up an independent team to look into it such as once formed from an independent institution, Pricewaterhouse Coopers, to trace the Bank Bali case in the past.

Bank Century was taken over by the Deposit Insurance Agency (LPS) late last year after it faced a liquidity problem. The government later provided a bailout of Rp6.7 trillion which was much criticized by the public. (PNA/Antara)

source : antara news.com

Wanted: Four Century Bank Customers

JAKARTA, KOMPAS.com - Four customers of Century Bank, from Senayan branch, South Jakarta, will be the focus of the legislature's inquiry committee on Century Bank. The committee is conducting a field investigation at Mutiara Bank (formerly Century Bank), Senayan branch, Monday morning.

The committee's Jakarta investigation team arrived around 9.15 am, and was welcomed by the directors of Mutiara bank, led by the managing director, Maryono. The investigation team is led by Idrus Marham. Four customers will be checked whether they're really recorded as customers of Century Bank.

"The field investigation is to re-confirm the investigation and data acquired by the inquiry committee," stated Idrus.

Those four customers are:

1. Lie Anna Puspasa (who withdrew Rp. 2.4 billion on April 27, 2009). Address: Ciputat Raya street, RT 04 RW 08, Kebayoran Baru, South Jakarta.
2. M. Linus (withdrew Rp. 1.3 billion). Address: Ruko Griya 1 street, IK Blok B no. 16, Pisangan, Ciputat, Tangerang.
3. M. Nizar (withdrew Rp. 1.4 billion on December 5, 2008). Address: Serena ruko (house-shop), Juanda street No. 36, Rempoa Ciputat, Tangerang.
4. Kasena Pandi (withdrew Rp. 2 billion on December 15, 2008). Address: Puri Bintaro PB IV No. 12 RT 3 RW 9, Bintaro.

The today's investigation team members include Idrus Marham, Anas Urbaningrum, Eva Kusuma Sundari, Maruarar Sirait, and Aziz Syamsuddin.

The members will question the Mutiara Bank directors on some points for clarifications. The team will also require clarification regarding the difficulties encountered by the Bali investigation team in acquiring the needed data during last week's field investigation. (Inggried Dwi Wedhaswary/C17-09)

source : kompas.com

by : devi tiarani (2009022005)