Financial Director or Dishwasher?

IBRA is to have a financial director to handle the assets it controls. But why this new position after three years' work?

June 12, 2001

SPENDTHRIFT and easygoing. That's how many now view the Indonesian Bank Restructuring Agency (IBRA). During the first three months of this year, the agency managed to spend a total of Rp422 billion. And what about asset value verification? Probably better not ask too much about that. It's no surprise, really, that the IBRA steering committee has asked for the organization to be trimmed down and made more efficient. Now, in the midst of all this...

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