Curly Money
The Indonesian National Arbitration Agency decided that PT Pura Barutama had failed to perform. A scandal due to business competition?
July 23, 2002
The conflict in the provision of Rp5,000 and Rp1,000 banknotes between Perum Peruri and PT Pura Barutama has been resolved. In its decision, the Indonesian National Arbitration Agency (BANI) gave the verdict that PT Pura Barutama (Pura) had breached its promise.
BANI sentenced Pura to paying the costs for the delay and to destroying the banknotes that are stored at Bank Indonesia (BI), Peruri and Pura warehouses at their expense. In additi
...