A BLBI 'Scapegoat'

The credit director of Bank Asia Pacific (Aspac) has become the prime suspect in the Bank Indonesia Liquidity Support (BLBI) case. Will the big BLBI looters also face trial?

December 18, 2000

People have been wondering when the government will finally take firm action against those who have wrecked the banking sector. Of the dozens of banks that have looted Rp144.5 trillion of BLBI loans to date, only one has been brought to court: Bank Aspac, whose deputy president director, Hendrawan Haryono, has become a suspect in scenes played out at the South Jakarta District Court.

According to prosecutor Soetantyo, the bank received BLBI fac

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