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Flogging a Dead Horse

Monday, December 11, 2000

A number of bankers who signed the Master of Refinancing Agreement (MRA) have not settled their bills. The assets they handed over to the government have declined in value. Why were they let off?

arsip tempo : 173167262736.

. tempo : 173167262736.

The fate of four bankers indebted to the government and who chose the MRA scheme for payment has fared better than those that signed the Master of Settlement and Acquisition Agreement (MSAA). While the signatories of the MSAA, such as Anthony Salim (BCA), Sjamsul Nursalim (BDN) and Mohamad 'Bob' Hasan (BUN) were being pursued by the government, the four who decided on the MRA took a deep breath, although the debts of Usman Admadjaja (Bank Danamon)

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