Ruthless People

BTPN funds were embezzled in a sham transaction with the Bakrie Group. Will this white-collar crime be brought before the courts?

June 5, 2001

The jargon of `reformation and the fight against corruption' has become a com-mon clich. Not only in the capital, but also in the provinces, corruption continues to strike at random. One recent case, under investigation by the West Java Chief Public Prosecutor's Office, involves the embezzlement of Rp120 billion in Bank Tabungan Pensiunan Nasional (BTPN) Bandung funds. The BTPN funds were misappropriated in a sham transaction between BTPN and the B...

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