Lost in Transit?

A Bimantara director is accused of embezzling US$1.3 million in insurance payments. He claims that the beneficiaries were indeed paid and that the money does not belong to Bimantara.

March 5, 2002

Poor Rubiyanto. Not only did he lose his job as a director with PT Bimantara Graha Insurance Brokers, he is also on trial at the Central Jakarta District Court on charges of fraud. This holder of a master's degree in business administration who has also completed courses with the National Defense College is charged with embezzling US$1.3 million in insurance payments for two Indonesian airlines in claims against a British insurance company.

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