Question Raised in London

Potential investors are looking more closely at BII than at Lippo Bank. The opportunity is all the more open for the Riady family.

September 9, 2003

THERE was one question always haunting Syafruddin Temenggung, Chairman of the Indonesian Bank Restructuring Agency (IBRA), during his travels overseas towards the end of last month when he was peddling the Indonesian Government's 52 percent share in Lippo Bank. It went something like this: will the old owner get back in?

When put on the spot about this in front of potential investors at a presentation made by IBRA in London, Syafruddin was

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