Is IBRA Unaccountable?

October 15, 2002

The Indonesian Bank Restructuring Agency (IBRA) has ignored yet another recommendation from the IBRA Oversight Committee. Chaired by Syafruddin Temenggung, IBRA's decision culminates a string of rejections of Oversight Committee rec-ommendations. Led by former finance minister Mar'ie Muhammad, the IBRA Oversight Committee sent a recommendation in September, calling upon IBRA to demand that Nursalim settle his cash debt. Instead, IBRA awarded N

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