Promises Made to be Broken?

The KKSK's decision to extend debt repayment periods for big-fish debtors has given rise to much controversy with even ministers having differences of opinion. Many people also doubt that conglomerate owners will ever repay their debts.

January 15, 2002

Sjamsul Nursalim can afford to smile in his expensive apartment in Singapore. Interpol has been asked to apprehend this big-fish debtor but he seems untouchable. Sjamsul's team of doctors in neighboring Singapore has even asked for a dispensation on his behalf, without actually going into the details of what ails him. Apparently, the policy of the government of Singapore will allow Sjamsul, one of Indonesia's largest debtors, to stay there a l

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