THE tone of Bacellius Ruru's voice abruptly went up an octave or two when he heard of the plan involving some 100 former members of staff of the Indonesian Bank Restructuring Agency (IBRA) to become employees of the Asset Management Company (AMC).

Ruru, who is chief commissioner of the company that will manage the abundant assets left behind by the now defunct IBRA, pointed out that the transfers were by no means automatic. "There ar