Century Bank Engineering

By: Hendri Saparini

There is great concern in the community that the Special Committee (Special Committee) Rights Questionnaire Century House on Bank would turn directions? Concern is not without reason. On past experience teaches that many of the special committee or a flat anti-climax ending in the middle of the road, such as the Special Committee Questionnaire rights Fuel (BBM).

At the plenary meeting, for example, almost no generated substantial decisions. Members of the special committee was busy with the interruption to the things which are not substantial, such as the suggestion that the special committee meetings held in private. It's harmful because it will bring up the special committee of public suspicion.

Thankfully, the plenary meeting of the special committee finally decided to be held open. However, there are important notes to be inserted, namely''unless the party who called wanted closed''. That is, if the parties are invited to a meeting held secretly wish, public access to information that occurred during the meeting would have vanished. However, we should not be too bersuuzon. Hopefully these exceptions do not occur.

Focus

A few days ago, a capital newspaper headline writing Turn Directions Special Committee, the People Can Anger on page one. What motivated the editor to make a title like that, just provocative? Dunno. To be sure, it could be a warning to all parties not to make eyes in the case of Century Bank. This message is addressed to the members of the special committee, government, and BI.

With public expectations so much, like it or not, we are forced to follow the football exploits the special committee. Special Committee should focus and sticking to the initial commitment, the dismantling Century Bank bailout scandal. With a duration of only 60 days, the special committee did not need to spin the edges back to the place of origin.

Supposedly, the special committee the fullest use of investigative BPK audit results as a reference. The report made it clear who did what, any violation committed, and the result of the breach. To be sure, the rescue costs have ballooned to Rp 6.7 trillion!

Whether what powerful force behind the Century's case that the policy holders to outsmart the rules and regulations in order to save the Bank Century. They did not even hesitate twisted terms that they choose to. In fact, Century Bank rescue a blind congregation was conducted by Bank Indonesia, Deposit Institutions (LPS), and the Financial System Stability Committee (KSSK).

Aneka Form Engineering

Century Bank full history of negative behavior of owners and managers, even since the merger between Bank Pikko, CIC Bank, and Bank Danpac begins. Merger begins with the acquisition of Bank Pikko and Danpac and the purchase of shares to the Bank CIC by Chinkara. The third acquisition was approved bank despite BI Chinkara not meet administrative requirements. Apparently, engineered by the Bank has already begun here.

Serious violations occur even long before the merger. During the period 2001-2003 there was a transaction of securities (SSB) CIC fictional worth USD 25 million that involves Chinkara. At Bank Pikko, there are bad credit Texmaco exchanged with a medium term note (MTN) Dresdner Bank who do not have notes rating. Nevertheless, the Bank nevertheless continued the process of merger.

The findings are merely examples of the dark notes the establishment of Century Bank. How about Century Bank itself? CPC report stated, BI blind eye to violations of the minimum credit limit (LLL) during 2005-2007 and did not expressly impose sanctions.

At Century Bank rescue period, CPC found that the BI has changed the rules of BI (PBI) to Bank Century deserve short-term financing facility (FPJP). Based PBI No.10/26/PBI/2008 date October 30, 2008, the bank is entitled to FPJP must have a minimum 8% CAR. When asked FPJP Century Bank, CAR was only 2.35%. However, BI deliberately changing the minimum requirement of 8% to a positive CAR.

There are many engineering and other violations committed BI to save the Bank Century. Therefore it is not surprising that the public demand for responsible Boediono. Because, at the Century Bank bailout, Boediono served as governor of BI.

Indicate a continuing violation. Engineering is also done through changes in regulation of LPS to LPS Bank Century obtain additional funds. Flushing funds to Rp 2.201 trillion done not only to boost CAR, but also to meet other liquidity needs. In fact, according to article PLPS No. 6. 5/PLPS/2006, LPS funding only to increase the CAR. LPS also change with PLPS No.3/PLPS/2008 on December 5, 2008 to withdraw the additional funds are not indicated for bank restructuring. CPC findings that the funds are sent in a cash bailout causes the flow of funds requires scanning. Community suspect that the funds have relevance to politics or power.

These findings illustrate that the CPC has been providing a variety of engineering in the Century Bank bailout. The investigation of the role of CPC in the process of setting KSSK bailout is still very limited. News about the presence of the Chairman and Robert UKP3R Marsilam Tantular on setting meeting takes KSSK bailout by the special committee investigation. Moreover, participation Marsilam claimed that the president's knowledge. Public increasingly dumbfounded. Is not that an indication of a violation by KSSK finance ministers headed?

Claims are very clear. If there are violations of law and engineering in the bailout Bank Century Rp 6.7 trillion, the special committee should be able to uncover violations that have been made, the perpetrators, and sanctions for such violations and engineering.

We hope to capture the special committee of public messages. A very large support to the case of Century is a symbol of public dissatisfaction with the impartiality and injustice during this economic policy. One of the public discontent was the failure of completing the various scandals in the financial sector which has cost the country hundreds of trillions of rupiah, as BLBI, Indover, and Bahana. Once again, the special committee should focus on efforts to uncover violations of engineering and indicated that the CPC has happened in the Century Bank bailout. Completing the case fairly and indiscriminately it would be a very important step for Indonesia's economic way forward. (*)

*) Hendri Saparini, economists ECONIT
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2012 JAVA People VERSION

Nini Lampen is a name. The simple name of a woman who was also simple. He lived and had "granny" when my great-grandfather was a child. Throughout his life he rarely ate rice. Most simply "nginang" betel alias. He said seh tirakat or maybe lack of food actually I also do not know. What is clear is derived according to the story temurunkan by my great-grandfather, he is a woman who is very accomplished astrologer. Many people came in throngs just want to know his future. Not only Allah SWT knows our destiny in the future? Mashaallah ....

Ever since I was a kid, the story Nini prediction Lampen mainstay has always been my grandmother's story. Always start are like this "Dadi wong eling Kudu ... (So one must always remember ...) that life is only temporary. Like we said in this world only to stop drinking any time be called to go home. Oya according to grandmother, grandmother Lampen intestate that if one day later had a cart flying (aircraft), the wheels up the mountain (the car), once married (sands of time where it will be seen as building materials), and the earth kalungan (number of wires was like strangling the earth). Then we'd given the choice of one king dintara 4 people who are equally good (perhaps a recall election when the power of nature revealed). So beware of clinging to the earth will be shaken due.

Whether true or just coincidence, but all suggested Nini Lampen already happened. So the earth is like what would be swayed no one knows. What might like Mayan prophecy about the end of 2012 is very busy these days talking about? Are our nation always Gonjang-ganjing caused by his own people? The corruption, kill, kill, steal, steal. The case of Century Bank, which BLBI scandal, Seed-Chandra to Antasari Azhar interest to man's wife. Adds minds of the people who already have a headache. There will be no end is mikirin our officials, a waste of time. Mending use blog optimization only. Order and bring more money. So he digress ...

But a clear moral message to be delivered Nini Lampen akhirseperti that in the present we must hold fast to the religion to survive the afterlife. And one should not trust anyone because of the arrival prediction is the secret of Resurrection Allah SWT.