Well-connected tycoon Hashim Djojohadikusumo has been arrested for breaching banking lending limits. And other cases are waiting in the wings for the fallen golden boy of Indonesian business.

In 1997, Hashim was the rising star of the Indonesian financial world. He had shares in five private banks, the only pribumi (indigenous) businessman in such a fortunate position. He had invested no less than Rp4.5 trillion in private capital in those b