Insider Banking

October 5, 2011

BUDI Mulya may well find a thousand excuses for the money he 'borrowed' from Robert Tantular, who was at one time the majority shareholder of the ailing Bank Century. Given his position as a senior Bank Indonesia official, however, it will be difficult to find a reason good enough to dispel allegations of wrongdoing. That is the seriousness of the case he faces.

Budi admits to accepting Rp1 billion in October 2008 from Tantular. As deputy governor

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