Indonesia newspaper reports central bank scandal .
JAKARTA 1996-08-27
Indonesia 's central bank suffered seven billion rupiah ( $ 2.9 million ) in losses resulting from fake transactions , the Jakarta Post reported on Tuesday .
A Bank Indonesia spokeswoman confirmed the newspaper report but declined to give further details .
The bank 's governor Sudradjat Djiwandono was quoted as saying on Monday about 5.4 billion rupiah of the seven billion rupiah had been recovered .
The newspaper said it was the central bank 's first public scandal in its 43-year history .
The paper said five people had been arrested and police were looking for two more suspects .
( $ 1 = 2,341 rupiah )