M. Yamin Panca Setia

Interpellation for BLBI Scandal

The Indonesian parliament today (12 / 2) exhibitting interpellation to government for ask a problem effort find solutin Bank Indonesia’s liquidity support fund (BLBI) case.

BLBI case is same with calamity financially state because disadvantages big money. About hundreds trillion rupiah money state disadvantaged in BLBI case.

The Parliament not only focus BLBI case but also Liquidity Credit case Indonesian Bank (KLBI) that happened before happen economy anomaly at 1996 1998 in this nation.

Facing Parliament interpellation, Presiden Susilo Bambang Yudhoyono back to exhibit meeting for thrice makes ready interpellation answer on yesterday (11 / 2). Several Indonesian Cabinet Unites ministers attended meeting.

Since parliament interpellation plan gets moving, amount circle assesses, Parliament interpellation more tends political content.

Because interpellation draw near General Election 2009. And then, Parliement not involves former Indonesia Presidents whose knows embryotic problem about BLBI case.

The government before Susilo Bambang Yudhoyono know about problem BLBI.

The coordinator division politic corruption Indonesian Corruption Wacth's (ICW), Ibrahim Fahmi Badoh said steps done by that DPR like India film.

Fahmi questions interpellation emergence a new one draw near general election 2009. "What aptly wants to solve BLBI'S case?" ask him.

Kwik Kian Gie, former The Coordinator Minister Economic Abdurahman Wahid President , in its comment bulk trifling BLBI that laden in book which published by Internet Newspaper said, Indonesian bank (BI) is independent position. No one party , include President to interference of BI.

"BI is independent. President can’t interference. Parliament is BI boss" Kwik said.

According to her, President just can stay behind interference to turn back with question as, "Why parliament just romance and why BI just romance?”

“I dazed but can't anythink because its agent warm up independent, and parliament makes independent. This democratizes is crazy," clear Kwik.

Ismed Hasan Putro from Nation Coalition whose Cares BLBI Case to press on yesterday's Jakarta (11 / 2) said, since BJ Habibie's President, Abdurrahman Wahid, Megawati Soekarnoputri, until Susilo Bambang Yudhoyono, the government acomodatif with debtor. Because that, BLBI case working out not complete.

Ismed also assesses many politician tending utilizes debtor.

According to Ismed, complete that BLBI case really clings if President Yudhoyono brave to fight debtor and capital owner whose can buy anythink as agency enforcer sentences, Parliement member, politicians, etc.

He hope, president brave face to face with World Bank and IMF and personnel therewith in Indonesia, including a several minister cabinet and official minister.

Coalition also hope parliament to utilize interpellation as momentum for stage as BLBI case working out complete and gets justice.

Parliament also shall endeavor tacling flowers paying as problem summary debenture bond that really ladens APBN by makes control mechanism that is equal to sell plan settle summary banks.

With expectation, asset don't sold at the price which go away inferior as compared to summary debenture bond already be inseminated government.

Interpelator BLBI Parliament team note point reaches more than Rp702,5 trillion.

Total consisting of BLBI for the price Rp144,5 trillion, debenture bond banking for the price Rp425,5 trillion, Rp73's guarantee program, responsibility fund Rp8 trillion, Rp4's fund,9 trillion and account fund 502 as big as Rp53,8 trillion.

To pay off depleted state money, state and Indonesia people, via APBN shall take on around Rp50 trillion until Rp60 trillion each year so presumed all book debt can keels on 2033.

SBY'S president have scores of times command enforcer agency to continually try to catch corruptor and confiscates corruption asset get BLBI'S big scale that up to now its asset lies beyond seas.

"Don't afterwards. Give up to bring home asset that justice nots people tear," explicit Presidential ( National journal , 28 / 11 / 2007).

According to President, BLBI case caused Indonesian people be misery, unemployment, and poverty.

"They have been runaway to other country, takes money hundreds billion, or trillion rupies, now living at others country. Get them place at abroad. Sought for and brings home, even is not easily," explicit President.

Now, President said, government shall strive to wash saucer let clear because a lot of before party feast forgets to wash saucer. "On the contrary remembered time goods and gain favour on the contrary washes hand, washes saucer. For justice, such a the parties doesn't trouble we that mown and nighted working wash saucer."

But, in discussion at Parliament building, Senayan, Jakarta, las week, Fahmi assesses, President SBY shall shortly pull out President Intruction (Inpres) No. 8/2002 about release and discharge (conditional pardoning) to debtor BLBI that published by Megawati.

According to her, nobody conditional pardoning for criminal. Besides, ICW since 2001 founded gaffe in financial audits examiner body. ICW also founded if actually no debtor cooperative.

In interpellation momentum, Fahmi said, parliament shall push President pulls out Inpres that caused that begets The Attorney General to discontinue investigation process (SP3) to at least 10 BLBI'S corruption suspect on year 2004 since suspected have gotten Keel Bank Statements (SKL) from BPPN.

Indonesian legal Aid Institute foundation (YLBHI) Patra M Zen question about legality SKL application. "What right, that SKL application was appropriate jurisdictional. SKL constitutes letter that issued by BPPN on liabilitieses exhaustive redemption debtor book debt," allegedly.

With sacks SKL, debtor doesn't get prosecution, even has criminal acts, as breach of applications maximum bounds credit.

Parliament shall also insofar question which processes BLBI case working out goes to Finance Minister and The Attorney General.

In BLBI case, breach not only involve debtor, but can be concerned by Indonesian Bank case, involving banking supervisor, and auditors that time that does mark up asset.

BLBI chronological

BLBI calamity begins of Indonesian Bank (BI) policy when headed by Andrianus Mooy whose published policy Packages October 1998 or more recognised Pakto.

That package made liberalitation universalizes banking spectacularly. With capital only Rp10 billion, someone can easily made public bank.

That policy pushes to thrive bank at Indonesian. 200 presto new banks standing. Bankers by and large conglomerate. But, according Kwik Kwan Gie, conglomerates that apparently a loss understand banking subject function as intermediasi's institute that conversion savings becomes productive investment.

They also a loss understand that subject stipubting work its bank prudence, but more great about marketing . That ability is next their success pull with scale big society money.

With capital about Rp10 milliard, they can raise triliunan rupiah from society. They forget even that money cause just used to give credit for them self to form conglomerate.

Easily their financial statement engineers so seeming bank which they captain in condition healthy. But actually, Kwik said, go away before economic crisis.

But, don't yawn to go to surface because law and society agency just spots BLBI to bank that strikes rush at year 1998. Commission XI Parliament also not all touch that problem.

While undulates economic crisis to punch Indonesia, IMF finds a lot of hollow bank. 16 acute utmost banks even direct being closed. Society that becomes even client on rebel cause done brown by side bank. Rush even is discontinued since have devoured high finance. In some days liquidity which issued by BI to discontinue rush as big as Rp144 trillion. But, Financial Check Body (BPK) find 95,78 percents of that money can’t responsible.

After rush discontinued, banker can't back BLBI because fund pulled for invested firm.

BLBI also convertion goes to form stock. Government has well-nigh stock at 200 banks. Ironically, henpecked bank commanding it leaves so big debt. While borrower have no cash to pay. Government even asks to pay off deep shaped paying revaluation.

Salim's family book debt that reaches Rp52,7 trillion example, While BCA still had utterly by Salim, that bank have credit as big as Rp52,7 trillion. Therefore while 93 BCA percents gained control by governments, therefore book debt it Salim that changes over to become government book debt.

Salim have no cash to pay book debt. Therefore pays by Redemption scheme bit Stockholder (PKPS) in form Master settlement and Acquisition Agreement (MSAA) with cash as big as Rp100 milliard and 108 firms.

Kwik also has once officiated National development planning Minister & Bappenas's chairman Gotong Royong Cabinet on Megawati's President era, said, that command stage becomes early calamity.

Evident, revaluation that given unto by government, point much smaller than their book debt. Averagely its point revaluation just 15 percents of total their book debt.

But, government just pride its own right take over BLBI asset. Ironically, government also sells it at the price cheap.

BJ Habibie's president, clear Kwik, bear out if money book debt shall paid by money, not asset. But, conglomerates which at guard by minister that becomes a part that assesses point greater revaluation than money. But, after sold asset, government just gets averagely 15 percents.

On 2002, Megawati Soekarnoputri President published policy about Release and Discharge (R & D.). That policy give protection surety to criminal prosecution to them already been declared for gettinged even it to state, with accomplished bank statement application (SKL).

According to Kwik, Megawati's president publishes R&D or SKL based UU No.25 Year 2000 about Propenas, and TAP MPR No.VIII/MPR/2000.

Its problem, cause sell result puts up for action apparently inferior regular than its debt to state.

"Asset for the price Rp52,6 trillion while sold by shuttlecock just saleable Rp20 trillion so financially state is disadvantaged as big as vicinity Rp32,7 trillion," clear Kwik.

But, Kwik explain, that government just pride if they can sell. "Looked on really normal by technocrats its economy power Megawati's President."

Its hoodoo, several debtor non cooperative and runaway others country. New corruptor hunter team one bounds traces seven suspect and 12 corruption case suspects at Singapore, United State, Hong Kong, China, and Australia. Its result is even new one bounds identifies to foot up asset beyond seas that presumed up to Rp6,7 trillion.

Eventually, asset that is captured corruptors abroad moreover. At Singapore, largely lents fund BLBI immerses that bastard money at that Lion Country. Amount presumed Rp138,4 trillion of full scale funds for the price Rp144,5 trillion.

Bisede that, included purpose deviation lents fund BLBI that accepted 48 banks about Rp80,4 trillion.

Swindlers lents fund BLBI by Samadikun, Sjamsul Nursalim, Agus Anwar, including Maria Pauline Lumowa (thief and suspect BNI case about Rp2 trillion) up to now free and life in Singapore.

Photo: Tempo