WHAT was before only a growing fear has now become reality. The Indonesian Bank Restructuring Agency (IBRA) could end up confronting foreign creditors in its efforts to seize assets belonging to Asia Pulp & Paper (APP), a subsidiary of the Sinar Mas Group. IBRA is no longer prepared to sit back quietly and will certainly do all it can, to keep as tight a grasp as possible on the sureties that it holds of the group's assets. At the same ti