Press release
16 June 2019


Lawyer: Sjamsul Nursalim's Case Not Related to Syafruddin Arsyad

The Corruption Eradication Commission (KPK) has declared the owner of the Indonesian National Bank of Trade Sjamsul Nursalim as a suspect in the corruption case of Bank Indonesia Liquidity Assistance (BLBI).

Sjamsul became a new suspect in this case after the former Head of the Indonesian Bank Restructuring Agency Syafruddin Arsyad Temenggung was convicted. However, Sjamsul's lawyer, Otto Hasibuan, assessed that the case against his client was different and could not be related to the case against Syafruddin Arsyad Temenggung.

"The case of SAT [Syafruddin Arsyad Temenggung] is related to the elimination of farmer's debt and Certificate of Settlement (SKL).

In that case, SN [Sjamsul Nursalim] was not involved at all," Otto said in a written statement Sunday (06/16/2019). In addition, Otto said, Sjamsul had obtained a Release and Discharge Letter from the government represented by the Ministry of Finance and IBRA.

This means, said Otto, the government has released Sjamsul Nursalim from any further obligations related to the settlement of payment for Bank Indonesia Liquidity Assistance (BLBI).

He added, in the letter it was also said that the government agreed not to initiate any legal action against Sjamsul Nursalim regarding BLBI.

"All BLBI settlements to the Indonesian National Trade Bank (BDNI) have been fulfilled by the SN based on the MSAA in 1999.

The method is through cash payments and the surrender of assets in the form of company shares to the Government through IBRA, and that nothing happens afterward that.

"It is not a matter of any relation to SNs matters," Otto said. Otto also said that BDNI was taken over by IBRA on April 4, 1998.

So, Sjamsul Nursalim did not have any power or control over BDNI or its assets, including receivables from shrimp farmers. "It was under the control and management of IBRA. Therefore, if the government later eliminates or sells it, it is impossible to relate it to SN," Otto said.