IBRA Comments

July 10, 2001

I would like to offer some comments regarding the article Bureaucratic Snag (June 11). I never once gave a statement as written in TEMPO: “Tubagus Adhi Faiz, head of IBRA's legal division, says the decision contravened the 1998 Bankruptcy Act. Under the provisions of the law, a 270-day period is required before a decision can be made on a bankruptcy case. “The court should not make a decision before the passage of the 270-day period. H

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