Saturday, April 28, 2007

Indonesia to go after 18 suspects

The Straits Times, April 28, 2007


BALI - INDONESIA plans to 'go after' about 18 people living in Singapore following the signing of an extradition treaty with the Republic, Attorney-General Abdul Rahman Saleh told reporters yesterday.

'There are a lot of Indonesian assets in Singapore. We need to ask for those assets to be returned.'

Indonesia has said that the treaty would allow Jakarta to chase down alleged corrupt officials and businessmen from the time of former dictator Suharto.

Deputy Attorney-General Hendarman Supanji said a list of 20 people - 'suspected, accused or convicted' - had been drawn up and would be handed to Singapore almost as soon as the signing was over, he told reporters in Jakarta.

Indonesian Defence Minister Juwono Sudarsono said last Sept 25 that an extradition treaty would help track down six Indonesian businessmen living in Singapore with US$600 million (S$910 million) in government debts.

Some 18,000 Indonesians, with a total net worth of US$87 billion, are said to be living in Singapore.

Mr Teten Masduki, founder of Indonesia Corruption Watch, believes tens of billions of US dollars have been stockpiled in the Republic since the 1997 financial crisis.

Jakarta had accused Singapore of delaying the treaty for fear that the suspects' withdrawals would shake its financial system and property sector.

Singapore had denied it was a magnet for laundered funds, saying adequate safeguards were in place.

BLOOMBERG, ASSOCIATED PRESS, AGENCE FRANCE-PRESSE

No comments: