It is widely speculated that the winner of many bids to purchase credit assets from the Indonesian Bank Restructuring Agency (IBRA) is a company owned by a blood relative of a high-ranking official within the institution.

PT Anugra Cipta Investama is just another asset management company, and yet its name is on the lips of everyone at IBRA headquarters. This is because one of the company's directors, Witjaksono Abadiman, is rumored to be the