Fattening the Piggy Bank

April 23, 2002

Former president Suharto was ever so good at saving money. From mere financial leftovers, he managed to accumulate the hundreds of billions of rupiah that subsequently became known as presidential aidBanpres.

You dont believe it? Just look at the history of the presidential aid as recorded in Presidential Decree No. 4 of 1989, which regulated the use of the funds. This reveals that the Banpres funds accumulated since 1970 started from an

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