JAKARTA, KOMPAS.com - Golkar fraction adds more violations by the government regarding Century Bank's case, from the previously 54 violations now to 59. The violations comprise banking crime, money laundering, and corruption.
This is revealed during the statement of temporary views of the fractions in the inquiry committee, at the House of Rep. building, Jakarta, Monday. Agun Gunanjar read the temporary view from Golkar, which stated that the violations consist of 15 operational violations by Bank CIC before the merger, four violations during the merger, 21 after the merger, eight regarding the grant of short term liquidity support (FPJP), and 11 in granting the bailout and temporary capital (PMS).
"Golkar confirms that the Century Bank case is an illegal act that extends from the bank owner to officers of monetary and fiscal authority through the granting of the FPJP and PMS."
Agun also stated that the money from the Deposit Insurance Agency is state money according to the Law No. 17/2003 regarding state finance, chapter 2 (g). Other than that, Golkar also believes that the government regulation-in-lieu-of-law No. 4/2008 regarding the financial system safety net wasn't valid since it failed to gain support during the plenary on December 18, 2008.
To prevent this case from recurring, Golkar emphasizes the need to improve institutions through monitoring, crisis management, and the implementation of reward and punishment system in the Indonesian banking. Besides that, the ratification of the Law regarding financial system safety net, the Bank Indonesia Law amendments, and the Banking Law amendments should all be sped up. (Caroline Damanik/C17-09)

