Indonesia's Sabirin convicted in Bank Bali case

INDONESIA - Indonesia's central bank governor Sjahril Sabirin was yesterday, Wednesday, convicted of fraud for his role in the 1999 politically-charged Bank Bali scandal that led to the downfall of former president B J Habibie.

The fraud involved 904 billion rupiah (S$154 million), more than half of which ended up with a company linked to the former ruling Golkar party. Bank Indonesia was also at the centre of the emergency liquidity support extended to banks at the height of the financial cri