BLBI Settlements
BLBI loans were converted into government stocks at nearly 200 banks. These banks hold debts in the companies of former bank owners (debtors). President B.J. Habibie made three debt repayment arrangements for debtors. President Megawati Sukarnoputri then issued Presidential Instruction No.8/2002, which became an umbrella for issuing certificates of debt repayment (SKL) for cooperative debtors.
May 2, 2017
1. MSAA
Master Settlement and Acquisition Agreement
This arrangement was used for debtors with enough companies or assets to pay off their debts.
Anthoni Salim
Bank Central Asia
Rp 52.727 trillion
SKL Issued: March 2004
*) Including non-BLBI debts
Sjamsul Nursalim
Bank Dagang Nasional Indonesia
Rp 30.9 trillion
SKL issued: April 2004
Case Stopped
Losses:Rp3.7 trillion
Fled to:Singapore
Status: Case stopped by the Attorney Gen