Bad Loans at BCA

Corrections made to BCA's balance sheet in 1999 had the potential to bring in income tax receipts. Hadi Poernomo annulled them.

April 29, 2014

As he entered the press conference, Jahja Setiaatmadja smiled at the reporters crammed on the 22nd floor of Menara BCA in Jakarta, last week. Jahja, Bank Central Asia (BCA) president director, spoke to reporters after the Corruption Eradication Commission (KPK) named former Supreme Audit Agency (BPK) Chairman Hadi Poernomo a suspect in a BCA tax case a day earlier.

Hadi, who was tax director-general from 2002-2007, is suspected of abusing his aut

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