Faisal Basri: A Lesson for IBRA
For a long time now, it has been common knowledge that IBRA takes great delight in handing out money to consultants. Now comes a lesson from the Faisal Basri case: don’t keep doling out cash to people who don’t do any work.
November 6, 2000
PEOPLE like Faisal Basri are very scarce indeed. As a civil servant and economist from the University of Indonesia, he certainly does not earn much. However, he’s not the sort of person who just keeps quiet when millions of rupiah suddenly appear in his bank account. To be absolutely accurate, a total of Rp120 million–originating from the Indonesian Bank Restructuring Agency (IBRA)--was paid into his account. As Basri knew the money w...