Other than Mochtar?
The board and executive directors of Lippo Bank will be replaced on Tuesday. Will Mochtar Riady be retained?
April 15, 2003
At the Hotel Dharmawangsa next Tuesday, Mochtar Riady will find out if he is still allowed to take care of Lippo Bank or not. The shareholders general meeting that day indeed has a special agenda: replacing the board and executive directors. The Capital Market Supervisory Agency has concluded that they were careless and violated the principle of prudence in bank management, thus justifying their substitution.
Several names have been circulat
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