Passing The Unibank Buck

The confusion over Unibanks NCDs is entering a new phase.

February 21, 2006

LAST week Hary Tanoesoedibjos schedule became increasingly hectic. The boss of the Bimantara Group was busily visiting several national newspapers in Jakarta. He had one sole agenda: to explain the confusion over the sale of Unibanks negotiable certificate of deposit (NCD) to PT Citra Marga Nusaphala Persada Tbk (CMNP) in 1999.

His name is embroiled in a matter currently under investigation by the Corruption Eradication Commission (KPK). The situa

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