Teddy P. Rachmat: "Nobody knows about the guarantee."

May 14, 2002

The conflict between an uncle and his nephew has ended amicably. A duly stamped statement was signed Tuesday afternoon by William and Edwin of the Soeryadjaya family and Theodore (Teddy) Permadi Rachmat, President Director of Astra International, amicably resolving the debt case of Astra Holland BV with the repayment of its entire debt plus the interest—a total of US$15 million—to NV Indonesische Overzeese Bank (Indover). Afterwards

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