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Ex-Mandiri president detained for graft.

Asia Africa Intelligence Wire

| May 18, 2005 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From The Jakarta Post)

Byline: Eva C. Komandjaja, The Jakarta Post, Jakarta

Just one day after losing the top executive post at Bank Mandiri, Edward Cornelis William Neloe was detained on Tuesday for his role in an alleged lending scam that hit the country's richest bank.

The Attorney General's Office (AGO) detained Neloe, the bank's former vice president I Wayan Pugeg and director of corporate banking M. Sholeh Tasripan after a marathon questioning session that lasted over 10 hours. The arrest warrant, signed by head of the investigating team Suwandi, says the detention will expire in the next 20 days.

Deputy Attorney General for Special …

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