A Directorship’s Hidden Extras

Bank CIC was robbed of Rp116 billion by its own directors. Separately, a branch manager robbed Bank ANZ Semarang of Rp 80 million.

February 5, 2002

Two black luxury sedans have been parked in front of the detectives unit office at the Metro Jaya Police Station since Friday, January 25. The vehicles—a Mercedes Benz CL-600 with license plate number B 600 L and a Mercedes Benz series C-200 with license plate number B 245 MT—are estimated to be worth approximately Rp6 billion (US$600,000 at an exchange rate of Rp10,000 to the US dollar). However, these cars are not for sale—rat

...

More Articles