Siphon Money, Inject Capital

January 26, 2010

THE report was sent to the Corruption Eradication Commission (KPK) in November 2005. It was addressed to KPK Deputy Chairman Erry Riyana Hardjapamekas. It explained the borrow-from-Peter-to-pay-Paul scheme carried out by Robert Tantular to add capital in Bank CIC Internasional.

The report explains the flow of public funds amounting to around US$70 million from Bank CIC which ended up in Chinkara Capital Ltd in Singapore and Outlook Investment P

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