Captain of a Foundering Ship
Syafruddin Temenggung is expected to improve IBRA's performance. But can he survive the tussles of those in power that have engulfed the Indonesian Banking Restructuring Agency all this time?
May 7, 2002
IBRA is like a fully laden ship… with a major leak. Its life span is predetermined for another two years, during which it must sell Rp600 trillion worth of assets. If within this short time IBRA fails, the public must shoulder the burden. In such stormy times, Syafruddin Temenggung was appointed to replace I Putu Gede Ary Suta.
Aware of the colossal task ahead, only two days after being sworn in, Syaf—Syafruddin's nickname—imme
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