Sjamsul Nursalim's BLBI Debt Short by Rp 3.75 Trillion

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27/04/2017 12:42 WIB

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Sjamsul Nursalim's BLBI Debt Short by Rp 3.75 Trillion

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BLBI Debt of Sjamsul Nursalim

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The Corruption Eradication Commission (KPK) stated that Sjamsul Nursalim still owes a significant amount on his Bank Indonesia Liquidity Assistance (BLBI) debt, which was granted to Bank Dagang Negara Indonesia (BDNI) during the monetary crisis. Of the remaining Rp 4.75 trillion debt, only Rp 1 trillion has been repaid, leaving an outstanding balance of Rp 3.75 trillion.

On April 25, 2017, the KPK named former Head of National Bank Restructuring, Syafruddin Arsjad Temenggung, a suspect in a case of abuse of authority as a state official related to the BLBI funds given to Sjamsul Nursalim. Syafruddin is considered responsible for issuing a letter of debt settlement (SKL) to the owner of BDNI despite the outstanding payment.

During the monetary crisis, BDNI received BLBI bailout funds totaling Rp 47.2 trillion. BDNI was one of the banks that received an SKL for Rp 27.4 trillion.

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."