PT Pelindo was just a day away from being trapped under a mountain of debt. This was last Wednesday when the manager of 12 ports in eight provinces, agreed to resolve debts of US$113 million (Rp1 trillion) already carried for five years. Nevertheless, the next day the company's management changed several items under the debt repayment scheme. The company's creditors reacted swiftly, initiating a bankruptcy process against the state- owned company, ...