According to his promise, President SBY submit responses to the House of Representatives plenary Century Bank related cases. President Susilo Bambang Yudhoyono delivered his speech with the firm, explaining the decision to respond to bailout Century Special Committee of the House.
President Susilo Bambang Yudhoyono began his speech at 20.00 pm, Thursday (4/3/2010) at the Merdeka Palace, Jakarta Pusat. President SBY finish his speech within 35 minutes. Also attending the presentation ceremony of SBY speech that, among other Boediono Vice President, First Lady Ani Yudhoyono and the Minister of United Indonesia Cabinet (KiB) II.
Here's more SBY speech:
Bismillahirrahmanir uterus
Assalamu'alaikum Warahmatullahi Wabarakatuh
Peace for us all
Brothers nation and compatriots whom I love and I am proud
Tonight allow me to re-present to all the people of Indonesia. Last night we all have heard the end of the House of Representatives of the Republic of Indonesia has completed the implementation of related rights Questionnaire Century Bank.
In connection with that I decided to speak directly to all the people of Indonesia as the main owner in the country's sovereignty. When Parliament had decided that the results of these surveys right, I'm good at tempatnyalah as head of state and in my capacity as Head of Government their views on the issue of Bank Century.
I have great respect for the political process that has been running in the House. I followed carefully all the dynamics that occur inside and outside the Parliament Building. Whatever our view of the dynamics of it, I have a strong view that all the democratic political process away from violence, ethics and dignity we must grow to make decisions that bring benefits to the majority of the people of Indonesia.
Tonight I stood here first to respond to the whole process and results in decisions and House of Representatives Special Committee level. We need to look carefully and see the process as part of the development, growth and learning of democracy, which became bolder required to meet not only the principles of rule of law, but also the rule of reason. Namely, democracy based on law and common sense. Democracy is not only celebrate freedom and independence, but democracy is also respect for law and order. In other words, we want the real growth of a more genuine democracy, more meaningful and more dignified, as we all aspire through reform movement since 1998.
I believe because of our bitter experience in the past, we do not want to fail in the same building with that kind of democracy. Our country should not be, once again not allowed, so the arena of social conflicts and political violence that eventually blow up. Democracy is not a power struggle exhibition, both power
weapons, mass, or property.
Brothers
I am obliged to convey the view not only to invite all Indonesian people to see this problem with the whole, clear, and objective, but also as part of efforts to build self-governing democratic tradition and a good clean and all of which aimed to bring prosperity and true justice.
In such a context that, this speech I have to say. We want all the different views, either pro or con, can be placed in the argument that not only based on facts, but also completely resting the responsibility to uncover the truth and true justice in the face of the Indonesian people. It is my duty and obligation to provide the correct view that we must say right from wrong should we say wrong, the true should be appreciated that one must accept the sanctions.
Brothers
Departure from the intention to seek the full truth and that's essential, I welcome and encourage inquiries on setuntas-tuntasnya Century Bank rescue policies. Especially when it was developed based on the view that there is suspicion Century funds flow to some people and certain organizations which of course it should not happen. Hence without the slightest hesitation, I pushed for an investigation into the rescue Century Bank conducted transparently. I believe that by making bright Century investigation in public, the people of Indonesia will see the whole truth.
The need to make the truth public open is something that is all important. Not only to defend those who have integrity and credibility, not only for the sake of a personal and political reputation, but on top of all that: "for the truth itself". Truth has his own nature that will never change simply because the definition or political commentary.
Countrymen brothers and compatriots
I am grateful to the work of the House Committee Questionnaire, the real truth has been revealed. Based on official information the authorized state institutions, including the Center for Analysis and Reporting Financial Transactions (INTRAC) and Bank Indonesia are presented in the sessions of the Committee Questionnaire, was clearly stated that the allegations of capital while the Bank Century has been misused to support the campaign team vice presidential partner-specific "obviously unfounded" and had never been there.
The results of the investigation was also put aside all the allegations that Century Bank rescue as a cover just to flow the money to certain political parties and a number of other names. All that is 'obviously not proven' and had never been there. This needs to be stated firmly and loudly, so do not any of us, whatever the political background and origin of party, be allowed a defamation because of his good name corrupted arbitrarily with the purpose and intention of the bad politics, which is damaging the reputation of yourself, families, and institutions.
This assertion is very important to be stated so bright in the end people can distinguish clearly what is fact and what is fiction, what is right and what is false.
Looking ahead, we must stop the bad practices of such evil prejudiced. Social life and social ties of the nation requires that an asset for working together in all areas. Social capital is stronger when we build a trusting attitude of mutual trust and respect respect. Social capital is weakened if we live with the basis of mutual suspicion, let alone mutual slander.
Countrymen brothers and compatriots
I realize Century Bank explained this issue is not an easy matter.
First, because of the problem is the technical aspects of banking which is a field that is still foreign to most of us.
Second, because we can not fully feel the atmosphere again by the end of 2008 when the case is Century Bank to the surface. Today Indonesia's economy away from the threat of a crisis like what happened at that time. Even many of us are now sure that in time the threat was never any serious global crisis.
Therefore, in a very important occasion I wish to remind that the policy is Century Bank rescue measures taken in the difficult times in the middle of the top economic crisis that hit the world at the end of 2008. Decision-making must be different in normal compared to the decision-making in times of crisis. We all understand that in a crisis situation, every decision taken must be difficult. In times of crisis, information is not always complete, even very often keep changing and moving. The options available are also not always easy. However, choices and decisions must be taken not to worsen the situation.
Critical condition when it has the indicator-indikatior clear. The stock price plummeted 50 percent. The rupiah to depreciate 30% more to $ 12,100 for one U.S. dollar, the lowest figure since the crisis in 1997 and 1998. Foreign exchange reserves declined by 12% to around U.S. $ 50 billion.
Furthermore, news print and electronic media then described how the whole world felt the impact that the economic tsunami. No wonder that in November 2008, the members of the House - of which there are sitting back in the present Council - voiced their concerns against the threat of a global crisis. In accordance with the expectations of the members of the Council at that time, the Government of Indonesia to take steps to quickly and strategically. Among other things, publishing three Government Regulation in Lieu of Law (Perpu) to deal with the crisis. In accordance with the Constitution of 1945, the publication of regulation is because of 'the crunch that forced'.
Praise House of Representatives nor agreed with the government. This reflected the attitude of the House to approve legislation improving regulation in the financial sector and banking. That means the House-even acknowledge the crisis, the crunch, which would require decision-making in times of crisis, not a decision-making in the normal course.
The same perception between the Parliament and the Government was now forgotten. Now, it seems that the causes melatar their backs on the action against Bank Century became blurred.
Countrymen brothers and compatriots
Too bad that in the process of debate that took place during the operation Rights Committee Questionnaire, often forgotten difficult moment when the decision Century Bank rescue done. Often forgotten, too, that our homeland was lucky, because the Financial System Stability Committee (KSSK) has been formed, led by Dr. Sri Mulyani Indrawati and Prof. Dr. Boediono, the two sons of the nation, the record-not the slightest trace of him left the bad records related to the competence, kredibiltas, and personal integrity.
By the time a decision on Century Bank rescue set, I own at the same time was a state duty overseas, attended the Summit G-20 in the United States, and the APEC Summit in Peru. Two meetings were very important, because world leaders meet, including Indonesia, to jointly overcome the global economic crisis is worrying.
Of information and the information then we all know, the decision rescue Century Bank is the best option available at that time. The remaining options there are only two: Century Bank closed or saved. KSSK through the marathon meeting a few days prior to the last in the middle of the night until the early hours on 21 November 2008, finally decided to save the Bank Century. So dikucurkanlah temporary capital funds amounting to Rp 6.7 trillion.
Need we recall, the days were filled with the situation Jakarta rumors and speculation about going to a chain crisis in the banking sector. Experience in many countries, including Indonesia itself in 1998, the crisis of confidence that
move quickly and spread to the banking system's health can actually trigger a real crisis.
Once again at the moment of decision that I was abroad. I was not asked for the decision and direction. I also do not give instructions for making policy about the particulars that - partly because KSSK decisions based regulation No. 4 of 2008, did not require involvement of the President. Nevertheless, I can understand why the decision was made rescue. Not enough just to understand, I had to justify policies that Century Bank rescue.
With a strong belief that the crisis actually happens, I believe that anyone who is obliged to take a decision at that time would have done the same thing. Anyone is obligated to put out the fire no matter how small a fire can be a trigger that would cripple the banking sector. And we know now is the world's banking system is not just the bankers. Banking world is closely related to socio-economic life of the people, such as small traders, farmers, employees, even retired, accomplished stylist households, and students.
Therefore, the policies needed to save not only the Bank Century, but rescue the national banking system, even to save the national economy from the global economic crisis, I asserted without the slightest doubt that the policy saves Century Bank accountable. As the leader of the country, I am obliged to avoid the national economy from a dangerous new crisis, as had happened in the years 1997-1998.
To prevent the recurrence of a bad experience more than ten years ago that at the end of October 2008, I have been given guidance and directives to save the Indonesian economy from the global crisis while maintaining economic growth. Praise, thanks to the unity and hard work we, the two goals can be achieved.
In addition, in order to protect the lives of our people, especially poor or low income, as President I have also instructed and run the seven priorities of economic management in times of crisis, namely to overcome and prevent increased unemployment, maintaining the movement of the real sector, preventing price increases or inflation, maintain purchasing power, continued to assist and protect the poor, maintaining the availability and affordability of food and energy commodities, and desperately trying to keep our economy to keep growing.
In this regard, the policy of Century Bank we actually put as part of efforts to save our economy from the crisis.
Brothers
Which is often not discussed in full is: jikalaupun time Century Bank decided to close, then based on the information at the time funds must be provided is Rp 4.9 trillion. Funds for it is a minimal estimate, because it is used only to refund to customers the savings up to Rp 2 billion. That's the maximum amount of savings the government guaranteed.
Countrymen brothers and compatriots
It is very important for us to know that since the beginning of a policy to save the Century Bank in late 2008, completely done with good intentions, good faith and with good aim too. All policy measures related to the Bank Century conducted by considering all the options available, it was decided quickly and precisely without any disregard the principle of prudence.
On the basis of experience in handling the economic crisis of 1997-1998, what government can be explained as follows:
First, the protocol process of handling the crisis in 2008 more clearly by using the legal basis of regulation No. 4 in 2008. This is an improvement, because the crisis of 1998, we do not have a clear legal basis for handling the economic crisis.
Second, the decision-making process in the year 2008 was much more open and accountable decision-making than in 1998. Documentation treatise KSSK meeting made much more tidy. Even the decision-making meeting was recorded by video images and sound.
Third, the handling of the crisis in the year 2008 conducted individually compared with the year 1998 a very involving the IMF.
Fourth, the source of bailout in 1998, is the sole state finance from Bank Indonesia. This we will improve. In the year 2008 was up a system in which the banking industry can save itself a troubled bank. Way through the Deposit Guarantee Agency (LPS). The majority of LPS funds derived from insurance premiums collected banks themselves.
Fifth, with the system, fund Rp 6.7 trillion bank rescue in the year 2008 Century can not be said to be a loss of State. Money for it is an investment or capital while the expected future can be restored.
This is also a corrective to the policies in 1998. At that time the banking crisis fund amounting to Rp 656 trillion actually comes from the state finance and the successful return of only 27%. With the numbers I mentioned earlier, can be seen that the 1998 crisis, the cost of burdening the State Budget to Rp 656 trillion - a huge number compared to the temporary capital of Deposit Institutions Century Bank is valued at Rp 6.7 trillion.
Sixth, the decision in 2008 to help us out of the global economic crisis. This decision led to positive economic growth of 4.5% in the year 2009. Achievement growth boasts, because the highest number three among the G-20 countries after China and India.
Seventh, compared with BLBI law enforcement process that still leaves many issues, including disputes related to never stop release and discharge policy, the government steps in 2008 was the legal action is very fast. Robert Tantular and his cronies, owner of Century Bank customers who have been deceived, by immediately taken decisive actions. Even Robert Tantular been arrested, tried, and imprisoned.
Countrymen brothers and compatriots
Note, too, that until now, the government continues to work hard to ensure that temporary capital participation in Bank Century may soon be restored, even as far as possible the state's financial benefit. True, there are funds out of Rp 6.7 trillion. But it must be remembered also that the funds be spent saving less.
To this all the Indonesian people before I even have a feeling that is not easy. I was feeling a mixture of anger and resentment against the Bank Century with how the bank had had to be rescued so that banks and our economy safe. Feelings and emotions are the same: why do we have to save a bank that does not just since the beginning managed reckless, but also led by people who do have a very evil intentions against this bank: master and carried off the money of its customers.
However gundahnya our hearts, the government ultimately would have to save Indonesia's economy from a systemic effect as a result of the failure of a bank called Bank Century. That's really the main essence of the rescue action Century Bank - a decision that became a strategic nature that are most important elements in the ultimate objective, namely to save Indonesia's economy.
Of criminal actions by the managers of this Century Bank, a number of policy actions have been taken quickly and accurately has been done. All assets are carried off to foreign countries has been frozen. Estimated value of trillions of rupiah. I have instructed that all parties, including the Ministry of Finance, the Indonesian Police and the Attorney General's Office continues to work more quickly and professionally. I'm sure other state institutions such as Bank Indonesia related, INTRAC until the Commission will also assist our efforts to restore the country's assets.
One of the importance of asset returns, in addition to returning capital as USD 6.7 trillion, also to open opportunities to the customer payment PT Antaboga Securities. However, they are the people of Indonesia who have helped to regain their rights in accordance with prevailing regulations.
Countrymen brothers and compatriots
Questionnaires House committee has completed its constitutional duties. We sincerely hope that all the disputed through sessions that will encourage us to continue to improve our state system, especially in facing the possibility of economic crisis to come.
In addition, we also know very clearly that there are differences in views and positions of the factions decision on Century Bank rescue. Besides all parties should respect the views and positions, I also argued that differences need not lead to excessive worry.
Although the findings are the conclusions Committee Questionnaire politics, and according to Law No. 6 of 1954 on the Rights Questionnaire, such findings can not be used as evidence in court. All of which must be followed up in accordance with prevailing regulations, with fixed principles upholding the rule of law and justice.
But we must agree that when saving policies Century Bank is the right policy choices and responsibility and decision-makers have been done without any conflict of interest or malice at all, including bribery and corruption, but simply to save the national economy, then we ought do not blame such policies.
It may be in times of crisis and emergency department situation, when decisions must be taken very quickly, there are technical problems that may have missed. But it does not mean their policies are wrong and must be dipidanakan. It's difficult to imagine the state we can work well and effectively, if any policy which actually lead to criminal prosecution.
If anything in the implementation of the policy errors and irregularities as found by the Committee Questionnaire Century Bank, we must be sure who is responsible for errors and irregularities that. We also must know whether it is an administrative error or a violation of the law. Thus the correction and the sanction to be more accurate and fair. With a positive attitude, in time I will learn what is conveyed by the House of Representatives to follow next.
Need I point out here that I led Government will continue to run a clean government. Related to the case of this Century Bank, instead we should follow up on indications of irregularities thoroughly and crime by certain parties who actually hurt the country. It may be, as long as they take refuge and hide behind the political frenzy Century Bank.
Countrymen brothers and compatriots
I know that along with the work of this Questionnaire Committee also developed ideas of 'impeachment'. I observe and follow the issue closely. I appreciate that the majority faction in parliament firmly rejected the possibility of impeachment.
Impeachment mechanism is set in the 1945 Constitution. But we all understand that the rules can only be done in a situation that obviously related to the violations of the provisions of impeachment (the impeachment articles). Should we really understand and respect our constitution and keep the peace in our political life.
Brothers
Reform has produced a very clear arrangement of the national leadership turnover. Pergantiannya mechanism arranged in an orderly manner, ie through the presidential and vice presidential done directly every five years. I urge that we all live the spirit contained in the
constitution is a high sportsmanship.
Countrymen brothers and compatriots
Working Committee has completed Questionnaire. Improvement efforts have been made. The government would have very serious attention to the input Parliament. To an apparent fault with irrefutable evidence, such as landlord and Century Bank's management, strict legal measures should be done and needs to be resolved. To those in crisis conditions had been instrumental in saving our national economy, we should reward the highest.
Brothers
Government that I lead will continue to hold responsibility and devote all efforts to advance the nation's life and improve the welfare of people throughout the country.
On the task and trust that no light was, we always expect the support and prayers of the entire people of Indonesia. We also expect the control, criticism, and input for the good of us all. Therefore, the Parliament and all parties are in the range of work the Committee has sought Questionnaires reveal the truth, once again I thank you.
Next, let us all uphold democracy and political life of the ethical and cultured. Let us keep the civilized ways of politics and democracy. We must provide proper sanction to an evil and without hesitation to give appreciation to the achievement. Only by continuing to act wisely and justly so our people have strong capital to continue to become more advanced and more triumphant.
Finally, after this, let us all back to concentrating on thinking about the real needs of the people. Let us continue to improve development efforts for Indonesian people and nation forward progress, justice and prosperity. What is most important now is to ensure that all development programs and improving the welfare of our people can continue to proceed. For myself, the main priority is ensuring the programs pro-people, not other issues such as the coalition of political parties that support the government. The coalition is built with good intentions, agreements and ethics. Whenever there are problems of agreement and ethics, always available solutions right and honorable. Currently there are no more important than efforts to ensure that as the owner of sovereignty, the people have a principal place in every decision, policy, and action steps I took.
We must not waste the precious time we have to continue development. During 2009, all legislative elections and presidential elections, many businessmen, at home and abroad, taking the attitude 'watch and wait', wait and see.
They're all waiting with great hope that soon after the new government formed the election results, a number of strategic decisions can be made to continue what is pending. Now is the time. Let us all ensure that the future we can go back and concentrate on areas of our work areas each. Let us continue our dedication to this country, on the whole future of a better Indonesia.
May God the Almighty, God Almighty, always guide our nation's journey in the right direction.
Wassalamu'alaikum warahmatullahiwabarakatuh
source: detik.com
President Susilo Bambang Yudhoyono began his speech at 20.00 pm, Thursday (4/3/2010) at the Merdeka Palace, Jakarta Pusat. President SBY finish his speech within 35 minutes. Also attending the presentation ceremony of SBY speech that, among other Boediono Vice President, First Lady Ani Yudhoyono and the Minister of United Indonesia Cabinet (KiB) II.
Here's more SBY speech:
Bismillahirrahmanir uterus
Assalamu'alaikum Warahmatullahi Wabarakatuh
Peace for us all
Brothers nation and compatriots whom I love and I am proud
Tonight allow me to re-present to all the people of Indonesia. Last night we all have heard the end of the House of Representatives of the Republic of Indonesia has completed the implementation of related rights Questionnaire Century Bank.
In connection with that I decided to speak directly to all the people of Indonesia as the main owner in the country's sovereignty. When Parliament had decided that the results of these surveys right, I'm good at tempatnyalah as head of state and in my capacity as Head of Government their views on the issue of Bank Century.
I have great respect for the political process that has been running in the House. I followed carefully all the dynamics that occur inside and outside the Parliament Building. Whatever our view of the dynamics of it, I have a strong view that all the democratic political process away from violence, ethics and dignity we must grow to make decisions that bring benefits to the majority of the people of Indonesia.
Tonight I stood here first to respond to the whole process and results in decisions and House of Representatives Special Committee level. We need to look carefully and see the process as part of the development, growth and learning of democracy, which became bolder required to meet not only the principles of rule of law, but also the rule of reason. Namely, democracy based on law and common sense. Democracy is not only celebrate freedom and independence, but democracy is also respect for law and order. In other words, we want the real growth of a more genuine democracy, more meaningful and more dignified, as we all aspire through reform movement since 1998.
I believe because of our bitter experience in the past, we do not want to fail in the same building with that kind of democracy. Our country should not be, once again not allowed, so the arena of social conflicts and political violence that eventually blow up. Democracy is not a power struggle exhibition, both power
weapons, mass, or property.
Brothers
I am obliged to convey the view not only to invite all Indonesian people to see this problem with the whole, clear, and objective, but also as part of efforts to build self-governing democratic tradition and a good clean and all of which aimed to bring prosperity and true justice.
In such a context that, this speech I have to say. We want all the different views, either pro or con, can be placed in the argument that not only based on facts, but also completely resting the responsibility to uncover the truth and true justice in the face of the Indonesian people. It is my duty and obligation to provide the correct view that we must say right from wrong should we say wrong, the true should be appreciated that one must accept the sanctions.
Brothers
Departure from the intention to seek the full truth and that's essential, I welcome and encourage inquiries on setuntas-tuntasnya Century Bank rescue policies. Especially when it was developed based on the view that there is suspicion Century funds flow to some people and certain organizations which of course it should not happen. Hence without the slightest hesitation, I pushed for an investigation into the rescue Century Bank conducted transparently. I believe that by making bright Century investigation in public, the people of Indonesia will see the whole truth.
The need to make the truth public open is something that is all important. Not only to defend those who have integrity and credibility, not only for the sake of a personal and political reputation, but on top of all that: "for the truth itself". Truth has his own nature that will never change simply because the definition or political commentary.
Countrymen brothers and compatriots
I am grateful to the work of the House Committee Questionnaire, the real truth has been revealed. Based on official information the authorized state institutions, including the Center for Analysis and Reporting Financial Transactions (INTRAC) and Bank Indonesia are presented in the sessions of the Committee Questionnaire, was clearly stated that the allegations of capital while the Bank Century has been misused to support the campaign team vice presidential partner-specific "obviously unfounded" and had never been there.
The results of the investigation was also put aside all the allegations that Century Bank rescue as a cover just to flow the money to certain political parties and a number of other names. All that is 'obviously not proven' and had never been there. This needs to be stated firmly and loudly, so do not any of us, whatever the political background and origin of party, be allowed a defamation because of his good name corrupted arbitrarily with the purpose and intention of the bad politics, which is damaging the reputation of yourself, families, and institutions.
This assertion is very important to be stated so bright in the end people can distinguish clearly what is fact and what is fiction, what is right and what is false.
Looking ahead, we must stop the bad practices of such evil prejudiced. Social life and social ties of the nation requires that an asset for working together in all areas. Social capital is stronger when we build a trusting attitude of mutual trust and respect respect. Social capital is weakened if we live with the basis of mutual suspicion, let alone mutual slander.
Countrymen brothers and compatriots
I realize Century Bank explained this issue is not an easy matter.
First, because of the problem is the technical aspects of banking which is a field that is still foreign to most of us.
Second, because we can not fully feel the atmosphere again by the end of 2008 when the case is Century Bank to the surface. Today Indonesia's economy away from the threat of a crisis like what happened at that time. Even many of us are now sure that in time the threat was never any serious global crisis.
Therefore, in a very important occasion I wish to remind that the policy is Century Bank rescue measures taken in the difficult times in the middle of the top economic crisis that hit the world at the end of 2008. Decision-making must be different in normal compared to the decision-making in times of crisis. We all understand that in a crisis situation, every decision taken must be difficult. In times of crisis, information is not always complete, even very often keep changing and moving. The options available are also not always easy. However, choices and decisions must be taken not to worsen the situation.
Critical condition when it has the indicator-indikatior clear. The stock price plummeted 50 percent. The rupiah to depreciate 30% more to $ 12,100 for one U.S. dollar, the lowest figure since the crisis in 1997 and 1998. Foreign exchange reserves declined by 12% to around U.S. $ 50 billion.
Furthermore, news print and electronic media then described how the whole world felt the impact that the economic tsunami. No wonder that in November 2008, the members of the House - of which there are sitting back in the present Council - voiced their concerns against the threat of a global crisis. In accordance with the expectations of the members of the Council at that time, the Government of Indonesia to take steps to quickly and strategically. Among other things, publishing three Government Regulation in Lieu of Law (Perpu) to deal with the crisis. In accordance with the Constitution of 1945, the publication of regulation is because of 'the crunch that forced'.
Praise House of Representatives nor agreed with the government. This reflected the attitude of the House to approve legislation improving regulation in the financial sector and banking. That means the House-even acknowledge the crisis, the crunch, which would require decision-making in times of crisis, not a decision-making in the normal course.
The same perception between the Parliament and the Government was now forgotten. Now, it seems that the causes melatar their backs on the action against Bank Century became blurred.
Countrymen brothers and compatriots
Too bad that in the process of debate that took place during the operation Rights Committee Questionnaire, often forgotten difficult moment when the decision Century Bank rescue done. Often forgotten, too, that our homeland was lucky, because the Financial System Stability Committee (KSSK) has been formed, led by Dr. Sri Mulyani Indrawati and Prof. Dr. Boediono, the two sons of the nation, the record-not the slightest trace of him left the bad records related to the competence, kredibiltas, and personal integrity.
By the time a decision on Century Bank rescue set, I own at the same time was a state duty overseas, attended the Summit G-20 in the United States, and the APEC Summit in Peru. Two meetings were very important, because world leaders meet, including Indonesia, to jointly overcome the global economic crisis is worrying.
Of information and the information then we all know, the decision rescue Century Bank is the best option available at that time. The remaining options there are only two: Century Bank closed or saved. KSSK through the marathon meeting a few days prior to the last in the middle of the night until the early hours on 21 November 2008, finally decided to save the Bank Century. So dikucurkanlah temporary capital funds amounting to Rp 6.7 trillion.
Need we recall, the days were filled with the situation Jakarta rumors and speculation about going to a chain crisis in the banking sector. Experience in many countries, including Indonesia itself in 1998, the crisis of confidence that
move quickly and spread to the banking system's health can actually trigger a real crisis.
Once again at the moment of decision that I was abroad. I was not asked for the decision and direction. I also do not give instructions for making policy about the particulars that - partly because KSSK decisions based regulation No. 4 of 2008, did not require involvement of the President. Nevertheless, I can understand why the decision was made rescue. Not enough just to understand, I had to justify policies that Century Bank rescue.
With a strong belief that the crisis actually happens, I believe that anyone who is obliged to take a decision at that time would have done the same thing. Anyone is obligated to put out the fire no matter how small a fire can be a trigger that would cripple the banking sector. And we know now is the world's banking system is not just the bankers. Banking world is closely related to socio-economic life of the people, such as small traders, farmers, employees, even retired, accomplished stylist households, and students.
Therefore, the policies needed to save not only the Bank Century, but rescue the national banking system, even to save the national economy from the global economic crisis, I asserted without the slightest doubt that the policy saves Century Bank accountable. As the leader of the country, I am obliged to avoid the national economy from a dangerous new crisis, as had happened in the years 1997-1998.
To prevent the recurrence of a bad experience more than ten years ago that at the end of October 2008, I have been given guidance and directives to save the Indonesian economy from the global crisis while maintaining economic growth. Praise, thanks to the unity and hard work we, the two goals can be achieved.
In addition, in order to protect the lives of our people, especially poor or low income, as President I have also instructed and run the seven priorities of economic management in times of crisis, namely to overcome and prevent increased unemployment, maintaining the movement of the real sector, preventing price increases or inflation, maintain purchasing power, continued to assist and protect the poor, maintaining the availability and affordability of food and energy commodities, and desperately trying to keep our economy to keep growing.
In this regard, the policy of Century Bank we actually put as part of efforts to save our economy from the crisis.
Brothers
Which is often not discussed in full is: jikalaupun time Century Bank decided to close, then based on the information at the time funds must be provided is Rp 4.9 trillion. Funds for it is a minimal estimate, because it is used only to refund to customers the savings up to Rp 2 billion. That's the maximum amount of savings the government guaranteed.
Countrymen brothers and compatriots
It is very important for us to know that since the beginning of a policy to save the Century Bank in late 2008, completely done with good intentions, good faith and with good aim too. All policy measures related to the Bank Century conducted by considering all the options available, it was decided quickly and precisely without any disregard the principle of prudence.
On the basis of experience in handling the economic crisis of 1997-1998, what government can be explained as follows:
First, the protocol process of handling the crisis in 2008 more clearly by using the legal basis of regulation No. 4 in 2008. This is an improvement, because the crisis of 1998, we do not have a clear legal basis for handling the economic crisis.
Second, the decision-making process in the year 2008 was much more open and accountable decision-making than in 1998. Documentation treatise KSSK meeting made much more tidy. Even the decision-making meeting was recorded by video images and sound.
Third, the handling of the crisis in the year 2008 conducted individually compared with the year 1998 a very involving the IMF.
Fourth, the source of bailout in 1998, is the sole state finance from Bank Indonesia. This we will improve. In the year 2008 was up a system in which the banking industry can save itself a troubled bank. Way through the Deposit Guarantee Agency (LPS). The majority of LPS funds derived from insurance premiums collected banks themselves.
Fifth, with the system, fund Rp 6.7 trillion bank rescue in the year 2008 Century can not be said to be a loss of State. Money for it is an investment or capital while the expected future can be restored.
This is also a corrective to the policies in 1998. At that time the banking crisis fund amounting to Rp 656 trillion actually comes from the state finance and the successful return of only 27%. With the numbers I mentioned earlier, can be seen that the 1998 crisis, the cost of burdening the State Budget to Rp 656 trillion - a huge number compared to the temporary capital of Deposit Institutions Century Bank is valued at Rp 6.7 trillion.
Sixth, the decision in 2008 to help us out of the global economic crisis. This decision led to positive economic growth of 4.5% in the year 2009. Achievement growth boasts, because the highest number three among the G-20 countries after China and India.
Seventh, compared with BLBI law enforcement process that still leaves many issues, including disputes related to never stop release and discharge policy, the government steps in 2008 was the legal action is very fast. Robert Tantular and his cronies, owner of Century Bank customers who have been deceived, by immediately taken decisive actions. Even Robert Tantular been arrested, tried, and imprisoned.
Countrymen brothers and compatriots
Note, too, that until now, the government continues to work hard to ensure that temporary capital participation in Bank Century may soon be restored, even as far as possible the state's financial benefit. True, there are funds out of Rp 6.7 trillion. But it must be remembered also that the funds be spent saving less.
To this all the Indonesian people before I even have a feeling that is not easy. I was feeling a mixture of anger and resentment against the Bank Century with how the bank had had to be rescued so that banks and our economy safe. Feelings and emotions are the same: why do we have to save a bank that does not just since the beginning managed reckless, but also led by people who do have a very evil intentions against this bank: master and carried off the money of its customers.
However gundahnya our hearts, the government ultimately would have to save Indonesia's economy from a systemic effect as a result of the failure of a bank called Bank Century. That's really the main essence of the rescue action Century Bank - a decision that became a strategic nature that are most important elements in the ultimate objective, namely to save Indonesia's economy.
Of criminal actions by the managers of this Century Bank, a number of policy actions have been taken quickly and accurately has been done. All assets are carried off to foreign countries has been frozen. Estimated value of trillions of rupiah. I have instructed that all parties, including the Ministry of Finance, the Indonesian Police and the Attorney General's Office continues to work more quickly and professionally. I'm sure other state institutions such as Bank Indonesia related, INTRAC until the Commission will also assist our efforts to restore the country's assets.
One of the importance of asset returns, in addition to returning capital as USD 6.7 trillion, also to open opportunities to the customer payment PT Antaboga Securities. However, they are the people of Indonesia who have helped to regain their rights in accordance with prevailing regulations.
Countrymen brothers and compatriots
Questionnaires House committee has completed its constitutional duties. We sincerely hope that all the disputed through sessions that will encourage us to continue to improve our state system, especially in facing the possibility of economic crisis to come.
In addition, we also know very clearly that there are differences in views and positions of the factions decision on Century Bank rescue. Besides all parties should respect the views and positions, I also argued that differences need not lead to excessive worry.
Although the findings are the conclusions Committee Questionnaire politics, and according to Law No. 6 of 1954 on the Rights Questionnaire, such findings can not be used as evidence in court. All of which must be followed up in accordance with prevailing regulations, with fixed principles upholding the rule of law and justice.
But we must agree that when saving policies Century Bank is the right policy choices and responsibility and decision-makers have been done without any conflict of interest or malice at all, including bribery and corruption, but simply to save the national economy, then we ought do not blame such policies.
It may be in times of crisis and emergency department situation, when decisions must be taken very quickly, there are technical problems that may have missed. But it does not mean their policies are wrong and must be dipidanakan. It's difficult to imagine the state we can work well and effectively, if any policy which actually lead to criminal prosecution.
If anything in the implementation of the policy errors and irregularities as found by the Committee Questionnaire Century Bank, we must be sure who is responsible for errors and irregularities that. We also must know whether it is an administrative error or a violation of the law. Thus the correction and the sanction to be more accurate and fair. With a positive attitude, in time I will learn what is conveyed by the House of Representatives to follow next.
Need I point out here that I led Government will continue to run a clean government. Related to the case of this Century Bank, instead we should follow up on indications of irregularities thoroughly and crime by certain parties who actually hurt the country. It may be, as long as they take refuge and hide behind the political frenzy Century Bank.
Countrymen brothers and compatriots
I know that along with the work of this Questionnaire Committee also developed ideas of 'impeachment'. I observe and follow the issue closely. I appreciate that the majority faction in parliament firmly rejected the possibility of impeachment.
Impeachment mechanism is set in the 1945 Constitution. But we all understand that the rules can only be done in a situation that obviously related to the violations of the provisions of impeachment (the impeachment articles). Should we really understand and respect our constitution and keep the peace in our political life.
Brothers
Reform has produced a very clear arrangement of the national leadership turnover. Pergantiannya mechanism arranged in an orderly manner, ie through the presidential and vice presidential done directly every five years. I urge that we all live the spirit contained in the
constitution is a high sportsmanship.
Countrymen brothers and compatriots
Working Committee has completed Questionnaire. Improvement efforts have been made. The government would have very serious attention to the input Parliament. To an apparent fault with irrefutable evidence, such as landlord and Century Bank's management, strict legal measures should be done and needs to be resolved. To those in crisis conditions had been instrumental in saving our national economy, we should reward the highest.
Brothers
Government that I lead will continue to hold responsibility and devote all efforts to advance the nation's life and improve the welfare of people throughout the country.
On the task and trust that no light was, we always expect the support and prayers of the entire people of Indonesia. We also expect the control, criticism, and input for the good of us all. Therefore, the Parliament and all parties are in the range of work the Committee has sought Questionnaires reveal the truth, once again I thank you.
Next, let us all uphold democracy and political life of the ethical and cultured. Let us keep the civilized ways of politics and democracy. We must provide proper sanction to an evil and without hesitation to give appreciation to the achievement. Only by continuing to act wisely and justly so our people have strong capital to continue to become more advanced and more triumphant.
Finally, after this, let us all back to concentrating on thinking about the real needs of the people. Let us continue to improve development efforts for Indonesian people and nation forward progress, justice and prosperity. What is most important now is to ensure that all development programs and improving the welfare of our people can continue to proceed. For myself, the main priority is ensuring the programs pro-people, not other issues such as the coalition of political parties that support the government. The coalition is built with good intentions, agreements and ethics. Whenever there are problems of agreement and ethics, always available solutions right and honorable. Currently there are no more important than efforts to ensure that as the owner of sovereignty, the people have a principal place in every decision, policy, and action steps I took.
We must not waste the precious time we have to continue development. During 2009, all legislative elections and presidential elections, many businessmen, at home and abroad, taking the attitude 'watch and wait', wait and see.
They're all waiting with great hope that soon after the new government formed the election results, a number of strategic decisions can be made to continue what is pending. Now is the time. Let us all ensure that the future we can go back and concentrate on areas of our work areas each. Let us continue our dedication to this country, on the whole future of a better Indonesia.
May God the Almighty, God Almighty, always guide our nation's journey in the right direction.
Wassalamu'alaikum warahmatullahiwabarakatuh
source: detik.com
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