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Yahoo! My Yahoo! Mail More Yahoo! Services Account Options New User? Sign Up Sign In Help Yahoo! Search web search Home Singapore Asia Pacific World Business Entertainment Sports Technology Australia China India Indonesia Japan Malaysia Philippines Thailand Vietnam Indonesia lawmakers back criminal probe on bailout By IRWAN FIRDAUS,Associated Press Writer - 2 hours 52 minutes ago Send IM Story Print JAKARTA, Indonesia – Indonesian's parliament called Wednesday for a criminal investigation into a $715 million government bank bailout that involved senior government ministers. Indonesia's independent anti-corruption commission already has been looking into the November 2008 bailout of Bank Century, so the parliamentary vote was a largely symbolic gesture on an issue that has dominated the country's politics in recent months. Still, the move could undermine President Susilo Bambang Yudhoyono's governing coalition. A parliamentary inquiry was launched last November after Indonesia's main audit agency alleged irregularities in the bailout. The government ministers with closest involvement are key Yudhoyono allies: Vice President Boediono, a former central bank governor who goes by a single name, and Finance Minister Sri Mulayani Indrawati. All three officials have denied any wrongdoing. Following a parliamentary committee investigation of corruption allegations arising from the transaction, 325 legislators in the 560-seat House of Representatives voted for a criminal probe. Another 212, mostly from Yudhoyono's Democratic Party, argued that the bailout had necessarily prevented a systemic meltdown of the country's financial system amid the global economic crisis. The parliamentary motion that passed said the bailout was "against the law or an abuse of power by monetary authority officials ... which could be classified as corruption crime." National police spokesman Maj. Gen. Edward Aritonang said police would follow the recommendations and launch an investigation. Syamsuddin Haris, a political analyst with Indonesian Science Institute, said the vote would not necessarily force Boediono and Sri Mulayani to resign, and have little impact on Yudhoyono's Cabinet. Greg Fealy, an Australian National University expert on Indonesia politics, said the vote did not threaten Yudhoyono's job, but that it could cost Boediono his Cabinet post. "It will create continuing political problems for Yudhoyono within his coalition and I don't think he or his party have handled those at all well," Fealy said. Recommend Send IM Story Print Related Articles Former Gitmo detainee said running Afghan battles AP - 2 hours 13 minutes ago Indonesia lawmakers back criminal probe on bailout AP - 2 hours 52 minutes ago South Korea to get 'homework' after Ivory Coast win AFP - 2 hours 53 minutes ago Australia, Japan win last Asian Cup qualifiers AFP - Thursday, March 4 Philippines' Arroyo defends economic record AFP - Thursday, March 4 News Search Top Stories Greece announces more cuts, EU welcomes steps Europe seeks to outline common growth strategy Greece announces crisis budget cuts Greece to make cuts of 4.8 billion euros: state TV Greek ministers meet to avert bankruptcy More Top Stories » ADVERTISEMENT Most Popular Most Viewed Most Recommended Chile quake moved Earth's axis, shortened days: scientist NASA radar finds ice on moon's north pole Japan passes record $1 trillion budget Greece risks 'bankruptcy' without radical action: PM Common weed-killer chemically castrates frogs: study More Most Viewed » Chile quake moved Earth's axis, shortened days: scientist Florida killer whale to stay in park after deadly attack DNA reveals some mystery on King Tut, raises questions Scientists recreate Big Bang heat of 4 tln degrees C First footage of clouded leopard captured in Borneo More Most Recommended » Elsewhere on Yahoo! Financial news on Yahoo! Finance Stars and latest movies Best travel destinations More on Yahoo! News Home Singapore Asia Pacific World Business Entertainment Sports Technology Subscribe to our news feeds Top StoriesMy Yahoo!RSS » More news feeds | What are news feeds? Also on Yahoo Answers Groups Mail Messenger Mobile Travel Finance Movies Sports Games » All Yahoo! Services Site Highlights Singapore Full Coverage Most Popular Asia Entertainment Photos Copyright © 2010 Yahoo! Southeast Asia Pte. Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Terms of Service | Privacy Policy | Community | Intellectual Property Rights Policy | Help

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