Cruising for a Bruising

The conflict between Gunawan Jusuf and the Salim Group over the sale of the Sugar Group's assets has intensified. Jusuf is to file suit against the heads of BPN, IBRA and Salim.

January 28, 2003

The central air-conditioning was unable to cool the atmosphere down on the 12th floor of the Danamon Building on Jl Sudirman, Jakarta, during a meeting between Indonesian Bank Restructuring Agency (IBRA) officials last week when IBRA's Communication Division Chief, Raymond van Beekum, and IBRA Expert Staff, Dasa Sutantio, clashed heads over IBRA's strategy in dealing with a potential lawsuit filed by Gunawan Jusuf.

Last week, Makindo Securiti

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