From Rafat to Rafat

September 22, 2010

FOR almost two years since Bank Century—now known as Bank Mutiara—was bailed out, the government is still unable to recover the overseas assets belonging to the bank’s old owners. One bank deposit worth about US$155 million or approximately Rp1.3 trillion is in Dresdner Bank in Switzerland. Because they are not going after them seriously, the funds that could be used to ìrepayî the Rp6.7 trillion cost of the bailout are even in danger of

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