Pay Up or Go to Jail - Cover Story - magz.tempo.co

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Pay Up or Go to Jail

Tuesday, March 19, 2002

. tempo : 178040204194.

PERHAPS big-fish debtors are now beginning to feel the heat. The annulment of the extension to the Shareholder Li-ability Settlement (PKPS) agreements means they will face legal action from the government. Those who do not repay their Bank Indonesia Liquidity Assistance (BLBI) funding—all in all totaling Rp130.6 trillion—could face a future behind bars.

The government has certainly decided to get tough. If debtors continue to be st

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