FIVE HOUSE FACTIONS VOTE FOR "OPTION C"

Jakarta, March 3 (ANTARA) - Five factions in the House of Representatives (DPR) at a House plenary session on Wednesday chose "Option C" which stated that the Bank Century bailout in late 2008 was problematic.

The five factions which chose Option C were of the Golkar Party, the Indonesian Democratic Party of Struggle (PDIP), the Prosperous Justice Party (PKS), the Greater Indonesia Movement (Gerindra) and the People's Conscience Party (Hanura).

In the meantime, the ruling Democratic Party (PD) and the Nation's Awakening Party (PKB) chose Option A, which stated that the decision to provide the Short-Term Funding Facility (FPJP/bailout) and the Participation of Temporary Capital (PMS) was not problematic because it has been made based on regulations.

Two other factions, namely of the National Mandate Party (PAN) and the United Development Party (PPP) voted neither of the two options, showing that their attitude was not clear.

Option A stated that decision to provide the FPJP and PMS for Bank Century was not problematic because it was made in an effort to prevent the systemic impact of the global financial crisis at that time while it was also decided based on regulations in force.