Stumbling Block for the New Board
Bank Mandiris new board of directors is extremely concerned over the Bank Merincorp recapitalization caseRp337 billion in NPLs still remains a complete secret.
September 6, 2005
IT seems that Bank Mandiris former Managing Director E.C.W. Neloe is not alone in facing a stumbling block in the form of legal action. Once he had completed a road show to several different regions in August this year, Bank Mandiris new Managing Director, Agus Martowardojo, also had to face up to the matter of the Bank Merincorp case.
Agus has to answer many questions regarding the taking over of Sumitomos shares in Bank Me
...