Golkar leaders. According to Rudy Ramli's journal, he met on 29 June 1999 with tycoon Anthony Salim and Habibie's younger brother Timmy Habibie. Anthony warned Rudy that the deal with EGP would cause problems because Djoko Tjandra had been boasting that he had "bought off Patra Kuningan [President Habibie]" with Rp300 billion. However, Timmy Habibie said the money received was only Rp200 billion via Tanri Abeng. The scandal breaks In April 1999, Standard Chartered agreed to purchase 20% of Bank Bali, subject to an audit of the bank's accounts. During this due diligence examination, it discovered a shortage of Rp546 billion – the money paid to EGP. The loss was reported by Standard Chartered on 20 July 1999. Despite the discovery of the loss, a party still went ahead on the night of 22 July 1999 to celebrate Standard Chartered's planned purchase of a stake in the bank. About 500 people attended the lavish event for executives and senior staff of Bank Bali and Standard Chartered at Jakarta's five-star Hotel Shangri-La. But the following day, Bank Indonesia announced Bank Bali had been taken over by the government because it failed to meet a capital adequacy ratio requirement; however, the sale to Standard Chartered would go ahead. On 26 July 1999, Standard Chartered announced it had taken managerial control of Bank Bali. At a public seminar on banking in Jakarta on 30 July, a banking law analyst named Pradjoto was asked why Standard Chartered had not finalized its investment in Bank Bali, as a three-month deadline had passed in mid-July. Pradjoto replied that the deal had stalled because Bank Bali was "a victim of money politics". He explained that a hole had been found in Bank Bali's balance sheet. He said Rudy Ramli had been for more than a year trying to secure his claim from IBRA and Bank Indonesia without success until he was forced to pay a huge "commission" to use a "facilitation" service. After news of Bank Bali's massive payment to EGP was reported by the media, Habibie's re-election team sought to contain the damage. Setya Novanto resigned as Golkar deputy treasurer. Then, on 14 August, Baramuli told the media that EGP would return its fee to Bank Bali, and the repayment was made a few days later. IMF reaction and PwC audit Under pressure from the International Monetary Fund (IMF) to disclose the truth behind the scandal,