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The Cendana Axis
The Ups and Downs of the Cendana Family

Tuesday, May 13, 2008

After Suharto stepped down, the range of business activities as well as the wealth of the Cendana family seemed to decline. But the sons and daughters of the former president still hold key positions in a number of corporations.

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May 13-15, 1998

The mob of protesters attacked like one possessed. Earlier they had pelted the Bank Central Asia (BCA) office on Jl. Matraman Raya in East Jakarta with rocks and sticks. Breaking down the door, they invaded the building, vandalizing computers, desks and chairs. Some shouted, "Burn it, burn it" Office equipment were carried out onto the street and then thrown into the raging flames.

In other parts of the city such as Pasar Minggu in So

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