No big Names

Loans worth billions of Rupiah were approved only one day after the applications were put in. Other debtors obtained millions of US dollars using the names of companies that had already been sold off.

May 3, 2005

THE fatigue on the faces of the Bank Mandiri officials has at long last penetrated the bank's business activities. And there's a very understandable reason for this: extreme psychological pressure following the rapid announcement of the investigation by the Attorney General's Office (AGO) into several loans disbursed by Bank Mandiri. "Almost no new loans are being processed," he said on Thursday last week.

"The reports ma

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