A Christmas Operation that Failed
Bank Lippo’s assets were almost sold off at a heavy discount. Price manipulation involving the fomer owners is suspected.
February 25, 2003
The plot of land on Jalan Dago Indah, Cikarang, is clearly not haunted. The land is quite extensive: 3,458 square meters.
Strategically located, in a luxurious part of self-contained Lippo Cikarang, near the main road and shopping center and just across from the elite Pelita Harapan school. It is not surprising then if its tax valuation is also sky high, at Rp1.4 billion. In the market, such a ready-to-use plot would be worth Rp400,000 - Rp500,
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