Bank Mandiri official sued for loan manipulation

Head of Credit Operation Department Aris Pranata faces anticorruption charge with possible penalty of 20 years of imprisonment.

Bank Mandiri Head of Credit Operation Department, Aris Pranata, was on Tuesday brought before the anticorruption court under corruption charges on loan manipulation in Bank Mandiri worth Rp 27.5 billion ($3.13 million).

The indictment stated that Aris failed of doublechecking loan application proposed by Managing Director of PT Kirana Abadi Persada Lines (KAPL) Ivone Vedrika Koe Koe and Chief Commissioner of KAPL, Nursyah Effendi, which aimed at purchasing three cargo ships.

"Ivone and Nursyah Effendi had in fact never bought the specified ships," said Victor today, March 8.

The scheme causes the state to lose Rp 27.5 billion ($3.13 million). Aris Pranata was charged under article 2 and 3 of Law on Anticorruption with possible penalty of 20 years of imprisonment.

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