Widigdo Rejected

Rumors have it that former president of Bank Nasional Indonesia (BNI) Widigdo Sukarman has been named to succeed Cacuk Sudarijanto as head of the Indonesian Bank Restructuring Agency (IBRA). What is the government’s real motive behind this succession?

October 16, 2000

After being dethroned from the top position at BNI, Widigdo looks set to reenter the banking industry as chairman of the powerful Indonesian Bank Restructuring Agency (IBRA), replacing Cacuk Sudarijanto.

TEMPO sources at the Ministry of Finance have confirmed Widigdo’s appointment. "The presidential decree has been signed by President Abdurrahman Wahid but the official announcement will wait until after the Consultative Group (CGI) on

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