Corruption, money laundering in Century case: KPK

Posted: December 12, 2009 in Uncategorized

The Corruption Eradication Commission (KPK) and the Supreme Audit Agency (BPK) discovered on Friday indications of several violations in the Bank Century bailout

KPK spokesman Johan Budi said a meeting between leaders of the two institutions found four breaches of law in the Century case, which evolves around the government’s decision to inject Rp 6.76 trillion in bailout funds to the ailing bank last year.

“There were indications of banking crimes, money laundering, corruption and administrative violations,” Johan said as quoted by Antara.

The meeting was held to discuss nine findings resulting from an investigative audit conducted by the BPK into the bailout funds.

Johan said KPK would hold talks with the Financial Transactions Report and Analysis Center (PPATK), the Deposit Insurance Corporation (LPS) and the Ministry of Finance to follow up the alleged violations.

KPK has also arranged a meeting with the BPK, National Police and the Attorney General’s Office concerning the Century case on Monday.

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