Counting the Losses

Of the Rp1.7 trillion funds remitted to the Gramarindo Group, BNI will only recover Rp800 billion.

November 11, 2003

THE apparent snowball effect of the Bank Negara Indonesia (BNI) scandal is spinning out of control. No one seems to know how this banking fraud case has begun to affect some politicians. This week's media have devoted copious pages to speculation that some of these ill-gotten funds have somehow found their way into the pockets of a presidential candidate from a certain political party.

No less out of control are Adrian Waworuntu and Maria Pa

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