Firdaus Djaelani:
We don’t know where the money went

December 15, 2009

ONE year after Bank Century became a ‘patient’ of the Savings Guarantee Board (LPS), the problems besetting the bank that resulted in the merger of CIC, Danpac and Pikko banks, seem to be unending. Even the recent audit by the Supreme Audit Agency (BPK) is raising more questions than answers.

Aside from the cost of rescuing Bank Century, which multiplied 10 times from Rp632 billion to Rp6.762 trillion, the biggest question is where all that

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