Skip to main content

No consensus reached on Century inquiry conclusion

Hans David Tampubolon , The Jakarta Post , Jakarta | Thu, 02/25/2010 4:36 PM | National

The House of Representatives inquiry committee on the Bank Century case looks set to submit a final report that will keep differences in the parties’ perception of the case intact.

Deputy chairman of the committee, Mahfudz Siddiq from the Prosperous Justice Party (PKS), said Thursday the final conclusion would be divided into several parts in accordance with the opinion of the respective parties' respective opinion.

"Substantially, there will be no change from the previous conclusions made by each party. However, we plan to simplify our final conclusion as a committee in the form of a matrix," he told reporters at the House in Jakarta on Thursday.

Separately, a committee member from the Indonesian Democratic Party of Struggle, Hendrawan Supratikno, said he still hoped the committee to reach a consensus.

Previously, five out of nine parties at the House, including PKS and PDI-P, deemed he bailout was riddled with graft and violations.

On the other hand, four other parties, led by President Susilo Bambang Yudhoyono's Democratic Party, insisted that the bailout, which was issued in November 2008, was proper in the midst of the global crisis.

The bailout is considered controversial as it ballooned ten times to Rp 6.76 trillion (US$716 million) from its original estimation.

Comments

Popular posts from this blog

US Stocks Surge to Highest Level of Year on Housing News

By Mil Arcega Washington 24 July 2009 The benchmark Dow Jones industrial average of the top US companies broke the 9,000 point mark Thursday on strong earnings reports and an improving housing picture. Wall Street extended its recent gains Thursday after a new housing report showed sales of previously owned U.S. homes rose at an annual pace of 3.6 percent in June. It was the third straight month of rising home sales. "The markets are reacting to the news today in the context of other things they've been seeing and reading in recent weeks, and that's that the economy does appear to have hit a bottom," said David Resler, chief economist at Nomura Securities. Investors reacted positively to earnings reports from Ford, Ebay, AT&T and higher sales of Apple's new iPhone. Resler says the positive earnings give a much needed confidence boost for the struggling U.S. economy. "I think...

ASEAN pushes for resumption of N. Korea nuke talks

ASEAN and friends: Foreign Ministers from left, Vietnam's Pham Gia Khiem, South Korea's Kim Sung-hwan, Japan's Takeaki Matsumoto, Indonesia's Marty Natalegawa, and China's Yang Jiechi, hold hands during a group photo at the opening session of ASEAN Plus Three Foreign Ministers' Meeting in Nusa Dua, Bali, Indonesia, Thursday. (AP/Dita Alangkara) Associated Press, Nusa Dua | Thu, 07/21/2011 2:19 PM Foreign ministers from 10 Southeast Asian nations are calling for a speedy resumption of talks aimed at convincing North Korea to abandon its nuclear weapons program. China, the US, Japan, South Korea and Russia had been negotiating since 2003 to persuade Pyongyang to dismantle the program in exchange for aid and other concessions. The North pulled out of the talks about two years ago after being censured for launching a long-range rocket. It has indicated a willingness in recent months to return to the table. The 10-member Association of Southeast As...