The tender process was not fair

March 20, 2007

NO one but Komori Corporation General Manager, Hitoshi Funada, knows how thick the walls of state-owned Peruri (Indonesian National Mint) can be. As a supplier of money-printing machines, Komori has been trying for six years to pitch for Peruri’s business. But to no avail.

Funada once got the green light from Peruri to test one of its Japanese-made machines two years ago. Komori then submitted an offer that was hard to refuse. The price of t

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