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Suharto’s crony named suspect in new corruption case

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October 24, 2000 

JAKARTA (AP) - Prosecutors on Monday launched a second corruption case against Mohamad "Bob" Hasan, a top business crony of ex-dictator Suharto.

They said they had declared Hasan as a suspect in a case involving a massive state bailout of several private banks that became insolvent in the dying months of the reign of Suharto, who quit power in 1998 following Asia's financial crisis.

They allege that dlrs 1.3 billion was lost by the state after Indonesia's central bank lent to Hasan's Bank Umum Nasional. The money was never repaid and instead had been allegedly diverted to other areas of Hasan's business empire.

Hasan is currently on a trial for separate charges of embezzling dlrs 75.6 million of state money through a scam involving a state forest mapping project. He could be imprisoned for life if convicted.

Yushar Yahya, a spokesman of the Attorney General's Office, said prosecutors had also named officials of three other private banks as suspects in connection with unpaid loans made by the central bank.

Hasan, a former financial adviser to Suharto and the ex-president's golfing buddy, was arrested in March.