'Fixing' The Merry Widow

The president’s desire to replace the Governor of BI has resulted in amendments to the Law on Bank Indonesia. But the miniscule changes taste of instant gratification.

November 27, 2000

BANK Indonesia is like the merry widow: always the subject of hot gossip, but also very much sought after. Even President Abdurrahman Wahid can’t wait to get his hands on this merry widow. Once upon a time, the president failed to oust BI Governor Syahril Sabirin, even though the BI chief has been detained and is now facing trial for the Bank Bali scandal. Now, after four members of the central bank’s Board of Governors have resigned

...

More Articles