KPK TO FURTHER INVESTIGATE NINE BPK FINDINGS ON BANK CENTURY

Jakarta, Dec 10 (ANTARA) - The Corruption Eradication Commission (KPK) is to further investigate nine findings made by the State Audit Board (BPK) in its recent audit on Bank Century, a KPK spokesman said.
"Based on the results of a KPK study, there are nine BPK audit findings we want to investigate further," KPK spokesman Johan Budi told newsmen here Thursday.

He said the KPK was planning to meet the BPK chief to discuss the nine findings made by the BPK in its recent investigative audit on the troubled bank's finances.

Johan said KPK had not yet drawn any conclusions from the findings. Along with the BPK, the KPK would analyse them to see if they could be categorized as cases of corruption, money laundering or banking crimes.

The further investigation would be done by 10-man KPK team that had already been set up, he said.

Johan said the KPK would only continue its investigation if there were strong indications corruption had been committed in the Century Bank case. KPK would also work on the case only if the irregularities had involved state officials and caused the state to suffer financial losses.

He said besides with the BPK, the KPK would also cooperate with the Center of Financial Transaction Analysis and Reporting (PPATK).

The cooperation with PPATK would be focused on analyzing the flows of funds in Bank Century. "It will probably be followed up with a meeting," he said.

He said it was not impossible for KPK to also meet with officials from the Deposit Insurance Institute (LPS), the central bank and the finance ministry.

KPK deputy chief Chandra M Hamzah earlier said that KPK was currently investigating three phases in the Bank Century case.

The three phases were the initial phase that covered a period before the Rp6.7 trillion bailout funds were injected into the bank. The second phase was the period after Bank Century was put under special supervision by Bank Indonesia and the Financial System Stability Committee (KSSK) including the policy to bail it out and the third phase covered the activities at the LPS, including the flow of Rp6.7 trillion into Bank Century.

Initially, the KPK's public complaints division had identified a number of possible crimes in the phases, namely banking crimes, money laundering and corruption. "We have not come to a conclusion on what exactly the crime that has really happened in each of the phase," Chandra said.***4***
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