Waiting for BI, Bapepam

The publication of the list of wrongdoers by BI and the testimony from Bapepam are inseparable parts of the ending of the chaotic Lippo Bank saga.

March 11, 2003

The Lippo Bank case has now reached the point of no return. There is no chance of going back to the start. The head of the Indonesian Bank Restructuring Agency (IBRA), Syafruddin Temenggung has confirmed, after re-evaluating the transferred assets, that Lippo Bank's capital adequacy ratio (CAR) will soar to above 20 percent. But this does not mean we can pretend the Lippo scandal never happened and that the problems are over. Not at all. So s

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