Erick Ardiansyah, an equity sales official at PT Bahana
Securities, was arrested on Saturday after a bank complained about
false rumours circulating in the market, police spokesman Abubakar
Nataprawira said.
'Erick sent out emails saying that several banks were facing
liquidity problems and had trouble with their interbank
transactions', he said.
'We did our checks and found that these were untrue... the banks
have no such problems. If found guilty, Erick can be jailed for six
years'.
The emails reportedly said: 'Market news stated that several
Indo banks are having liquidity problems and have failed to
complete interbank transactions'.
It named six banks before condluding: 'We will keep you
updated'. Officials at the banks could not be immediately reached
for comment.
Bahana issued a statement on Sunday saying it had no knowledge
of its employee's actions.
Bank Indonesia said on Friday it supported efforts by banks and
the police to act against 'those who jeopardise the stability of
the banking system'. -- AFP