Debts and Liability

Debts to the state are being paid off with assets which are themselves in debt. The policy of issuing certificates of repayment needs to be urgently re-audited.

April 20, 2004

HOW must we feel about debts in the trillions of rupiah being considered as settled when only a third of the money has been repaid? The money belongs to the state, and the debtors are major tycoons. A repayment certificate (SKL) on debts totaling Rp4.341 trillion was issued to Bob Hasan after IBRA received 27 percent of that sum. That debt is now regarded as settled, the case closed.

Perhaps we are wrong to be so judgmental about this meth

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