Bringing Back the Dead

There’s widespread suspicion that a plan to acquire Peruri was an attempt to cover up losses resulting from collusion by senior officials at BI.

February 25, 2003

THE inferno that raged over the plans of Bank Indonesia (BI) to acquire the state-owned securities paper and banknote printing company Peruri has blazed up once again. Most recently, hostility arose due to leaks of the results of a meeting held at the beginning of January this year.

At that meeting, about 50 members of the Peruri Workers Union met with a team from BI's Money Circulation Directorate, on the sixth floor of the headquarters of the c

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