Ray Ferguson, Chief Executive Officer of Standard Chartered Bank Indonesia, is experienced in managing banks in Indonesia. Excerpts of an interview with TEMPO:

Stanchart has made preconditions in buying BCA. It's reported that there was a technical assistance fee of 3 percent of BCA's income. Is this true?

This is not true, it's garbage. This is all fabricated to undermine us. There is no fee in our proposal. None at all.

Is it true Stanc