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SCMP Reporter

A former tycoon serving a 20-year jail term for one of Indonesia's biggest bank scandals has escaped from his cell in Jakarta.

  Eddy Tansil, convicted for a US$430 million (HK$3.32 billion) loan scam involving his company Golden Key, escaped from Cipinang prison on Monday.

  Justice Minister Utoyo Usman said preliminary investigations showed Tansil might have had help from guards. The prison governor has been suspended.

 Tansil was convicted in 1994 on charges of corruption and colluding with others to cause losses at the state-run Indonesian Development Bank, Bapindo.



Ex-tycoon escapes from jail