Saifuddien Hasan: "We saw some money laundering"

November 4, 2003

THIS Ramadan month is truly testing the resolve of Saifuddien Hasan, CEO of PT Bank Negara Indonesia Tbk (BNI). He has been hounded by reporters following the scandal of fraudulent letters of credit (L/C) worth Rp1.7 trillion at his bank. He has also been busy calling on related institutions, like the Jakarta Stock Exchange and the legislature, to clarify the situation.

The 48-year-old Saifuddien was appointed to his job during the bank's s

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