BLBI case termination raises concerns over fate of high-profile graft cases

The Corruption Eradication Commission (KPK) has pulled the plug an ongoing investigation into alleged graft pertaining to Bank Indonesia Liquidity Support (BLBI) funds, raising concerns that the antigraft body might do the same to other cases.  “The termination is part of our attempt to provide legal certainty in our law enforcement as mandated by Article 5 of the KPK Law, which requires us to work under legal certainty,” KPK deputy chairman Alexander Marwata said in a press briefing on Thursday. Bank Dagang Negara Indonesia (BDNI) owner Sjamsul Nursalim and his wife Itjih Nursalim were named suspects in the case in June 2019. The Supreme Audit Agency (BPK) estimates that the alleged graft caused Rp 4.58 trillion (US$314 million) in state losses. The case dates back to the 1997 Asian financial crisis when BDNI received Rp 28 trillion in BLBI funds, which were di…

Topics :

  • KPK Corruption-Eradication-Comission BLBI-case Sjamsul-Nursalim BDNI SP3 corruption

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