House Divided as Century Sessions Begin

By webadmin on 10:31 am Mar 02, 2010
Category Archive

Parties in the the House of Representatives have reportedly split into two camps in the probe of 2008 Bank Century bailout.

The first group holds that the government’s decisions on Bank Century were correct, and irregularities in the bailout were the responsibility of the bank’s part-owner Robert Tantular and his cronies, according to local media. Tantular has been sentenced to five years in jail for embezzling from bank customers.

President Yudhoyono’s Democratic Party (PD) is taking this position, along with the National Awakening Party (PKB) and the National Mandate Party (PAN).

The second group of parties maintains there was misconduct involved at the goverment level, from illegal policy making to the way the bank rescue was carried out. This group is said to include the Indonesian Democratic Party for Struggle (PDIP), Golkar Party, the Prosperous Justice Party (PKS), the United Development Party (PPP), Gerindra and Hanura.

The special committee that held hearings on the bailout is set to deliver its recommndations to the full House today.