Course of Lippo Case Settlement

March 11, 2003

Arief T. Surowidjojo*
*Defense attorney based in Jakarta

 

The puzzling reports on the case of Lippo Bank have, for the last few weeks, confused the Indonesian public. People are wondering what domain of affairs this case actually belongs to and what institution is in charge of it. Is it under the Indonesian Bank Restructuring Agency (IBRA), which has an interest because it represents the state as the majority shareholder of recapita


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