The Good and the Bad Debtors
Tuesday, February 21, 2006
MANY bankers in debt with Bank Indonesia have gone into hiding or fled overseas because there is no legal certainty in this country. They say they want to pay their debts, but are afraid that they will get no legal protection or that they will only be subject to extortion by corrupt law enforcement agents and politicians.
Settlement of debts owed by the bankers has been on and off depending on the political predilection of those in power. Dozens o
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