JAKARTA :Australia is currently is negotiations with Hong Kong to bring back US$800 in assets belonging to the late owner of BHS Bank, Hendra Rahardja, who siphoned the money from the Bank of Indonesia Liquidity Support (BLBI) fund, an Indonesian official says.
Deputy Attorney General Muchtar Arifin said negotiations over the assets were under discussion between Australia and Hong Kong because the money was channeled through Australian banks.
"Hong Kong authorities have disclosed that Hendra's total assets there reached over $800 million. Since the assets were transferred from Australia to Hong Kong we asked the Australian government to help us. They agreed to help.
"Australia is now finishing technical matters with Hong Kong. We are optimistic that we can recover the assets by next year," Muchtar said at the close of a conference on regional crime prevention at the Borobudur Hotel in Jakarta on Tuesday.(Abdul Khalik)
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