Bank Bali scandal
The Bank Bali scandal occurred in Indonesia in 1999 when Golkar Party officials colluded with the Indonesian Bank Restructuring Agency (IBRA) to coerce Bank Bali chief Rudy Ramli to pay an illegal commission of Rp546 billion (then equivalent to about US$80 million) to private company Era Giat Prima in order to collect Rp904.6 billion owed by two banks taken over by IBRA. Part of the funds were used to support then-president B.J. Habibie's re-election bid, but his accountability speech was rejected by the nation's top legislative body after the scandal broke. The scandal was widely referred to as Baligate (after Bank Bali and the Watergate scandal). Most of those involved, including Golkar officials and Habibie aides, were either acquitted or not even prosecuted. 
Q252
Indonesia
LOC
Q1536552
Golkar Party
ORG
Q4312584
Indonesian Bank Restructuring Agency
MEDIA
Q4855963
Bank Bali
ORG
Q76156
B.J. Habibie
PER
Q42761
Watergate
EVE
Q97175916
Bank Bali scandal
Concept
1999-01-01T00:00:00Z^^http://www.w3.org/2001/XMLSchema#dateTime
1999
DATE
+546^^http://www.w3.org/2001/XMLSchema#decimal
546
NUMBER
+80^^http://www.w3.org/2001/XMLSchema#decimal
80
NUMBER
+904.6^^http://www.w3.org/2001/XMLSchema#decimal
904.6
NUMBER
country
country
country
country