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Collateral Damage When Approvals Become Allegations

Oleh Eko B. Supriyanto
Sumber : Infobank

Sumber : Infobank

THE former executives of Regional Development Banks (BPD) retirement haven’t meant peace, it’s meant prosecution. Years after signing off on corporate loans, they now face criminal charges. Careers that once shone with success are now shadowed by scandal. Reputations built over decades have unravelled in days. 

Former directors of Bank DKI, Bank BJB, and Bank Jateng are now in the spotlight, accused of greenlighting loans that later turned sour. It’s a sobering wake-up call: in the world of banking, what looks like a smart decision today could become a legal nightmare tomorrow. 

These weren’t reckless amateurs. Most are seasoned professionals, many with roots in Bank Mandiri. But according to Nurcahyo Jungkung Madyo, Director of Investigations at the Attorney General’s Special Crimes Unit, these bankers allegedly conspired to approve loans to PT Sritex, despite the company being labelled unfit for financing. The result is alleged state losses of Rp 1.08 trillion. “The estimated damage from the loans granted by these three banks is around Rp 1,088,650,808,028,” said Nurcahyo. “That figure is still under review by the national audit agency (BPK).” 

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