The Irony of the SuperBody
Internal control at IBRA is chaotic. Valuable data and documents are missing.
May 10, 2005
Twenty-four deposit certificates held by PT Timor Putra National are missing and this is just one of the stains on the agency, formed by the government to restructure the Indonesian banking sector. The whereabouts of these documents, which are worth billions of rupiah, is unknown. The Indonesian Bank Restructuring Agencys (IBRA) Post-Termination Settlement Team has announced that there should be 30 original deposit certificates. The Executing Coo
...