Usman's Shadow Loo ms Over Danamon

Several investors have been reminded that Usman Admadjaja may make a return to Bank Danamon. Is this a repeat of the Farindo fracas?

January 28, 2003

The flag signaling the sale of Bank Danamon has just been waved. But, like a Formula 1 Grand Prix, a number of interested tycoons have, for several weeks, stepped on the gas and been revving the engine. Does this mark the start of the battle for the 51-percent stake in Bank Danamon? It appears so.

Just consider this: Last Monday, although the offer documents were just released to the group of potential investors, a number of plans to dives

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