Thread Bared

Mantegazza, the company that was appointed by BI to supply security thread for banknotes, has been accused of violating patent rights.

August 19, 2003

IT was just after magrib prayers one evening at the end of July when Budiman Kostaman, Director of Money Circulation at Bank Indonesia (BI), began reading a letter that had recently arrived on his desk. The letter was addressed to Budiman, with a copy to BI Governor Burhanuddin Abdullah, dated July 22, 2003, and signed by Michael Böhm, a Director of Papierfabrik Louisenthal. This is a leading bank note manufacturing company in which the

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