Conglomerate Debts and the Flawed MSAA
As a debt settlement scheme, MSAA has a lot of defects and needs revision. Amid the pros and cons, the House of Representatives still proposes extra funds for Sjamsul Nursalim.
Tempo
October 2, 2000

Sjamsul Nursalim is not only a major debtor, but also a big controversy-maker. Despite his notoriety as a big-shot debtor—owing Rp28.4 trillion, with cash repayments of only several hundreds of billions—Sjamsul has maintained freedom in the upper class lobby. The owner of a tyre plant who built the largest shrimp breeding pond in Southeast Asia has even visited the presidential palace as a guest of President Abdurrahman Wahid. Once he
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