Satgas BLBI (Satuan Tugas Penanganan Hak Tagih Negara Dana Bantuan Likuiditas Bank Indonesia), a task force under Minister of Finance Sri Mulyani Indrawati’s supervision to recover funds related to the 1997-1998 financial crisis, recently confiscated some of the assets on behalf of Irjanto Ongko, son of Kaharudin Ongko of Ongko Multicorpora. Confiscation of assets related to other obligors also continues. Interestingly, the Police announced that they had named suspects asset embezzlement related to BLBI. The Police suspect individuals in the Ministry of Finance had colluded with land mafias. To subscribe please click here
