The Hard Task of Selling IBRA Assets

Selling assets that were surrendered by debtors to the Indonesian Bank Restructuring Agency (IBRA) has not proven that easy. There's a tug-of-war over the establishment of sale procedures. And there are individuals that want the assets to be sold off as quickly as possible, as well as those who want IBRA to sell them at a high price. Obviously, the two demands are not compatible. And, so far, the agency has been unable to make up its mind.

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