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Bank Mandiri

National Interests over the National Car

Tuesday, April 26, 2005

The end seems nowhere in sight for the dispute over Timor Putra Nasional's Rp1 trillion in Bank Mandiri. A bitter result of IBRA's messy discounts.

arsip tempo : 172981562097.

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IT did not take long to arrive at the momentous decision once a faxed copy of a transfer instruction reached Sugiharto's hands. The State Minister for State-Owned Enterprises (SOEs) swiftly contacted Minister of Finance Jusuf Anwar, who held the position of head of the Settlement Team for the Indonesian Bank Restructuring Agency (IBRA).

"Are you aware that an attempt has been made to transfer from the clearing account and deposit certif

...

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