Neloe's Four Stumbling Blocks - Economy - magz.tempo.co

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Neloe's Four Stumbling Blocks

Tuesday, May 17, 2005

Bank Mandiri has provided loans to debtors whose futures are doubtful. Investment loan facilities are being used as bank guarantees.

. tempo : 178037741371.

A BAD smell connected to loans at Bank Mandiri is beginning to spread after civil servants received an audit from the Supreme Audit Agency (BPK). Last year, this audit, which is actually routine, focused on managing credit at Indonesia's largest bank. BPK admitted that Bank Mandiri has established a good internal control system in relation to loans.

However, in dozens of credit transactions, these rules and regulations have been disregar

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