"Suspect KW was arrested in a mall in South Jakarta on January 10, 2012," Saud who is head of the Police Headquarters` Public Relations Division, said here on Friday.
He said that KW was arrested for an alleged banking credit restructuring fraud. This case was first handled on August 5, 2012.
"The arrest was made after a report from PT Perangkat Kapel and PT Duko. They reported that the suspect had initially committed embezzlement, fraud and extortion," Saudi said.
The suspect in a later case persuaded the victim to carry out credit restructuring in his Bank CIMB Niaga on a Rp46 billion money in the form of demand deposit and a cash of Rp9.5 billion.
The money was then deposited into the suspect account.
"For the crime he allegedly has done, the suspect is charged under article 3 Law No. 8 / 2010 (on the prevention and prosecution of a money laundry crime) in conjunction with articles 378, 372 and 368 of the Criminal Codes (KUHP) which is punishable by a maximum of 20 years in jail and a maximum fine of Rp10 billion," he said.(*)
Editor: Ruslan Burhani
Copyright © ANTARA 2012
