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Home to Roost?

Tuesday, March 9, 2004

Mochtar Riady is suspected of being behind the consortium that bought up the Lippo Bank shares.

. tempo : 173165010366.

ALTHOUGH much was as suspected, the announcement on Wednesday two weeks ago of the management lineup of PT Bank Lippo Tbk., following an extraordinary general meeting of shareholders, was still startling.

The fact that Mochtar Riady had not been ousted from his position as president commissioner has certainly done much to strengthen suspicions that this founder of the Lippo Group is behind Swissasia Global. Why? Because this is the consorti

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