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BII

Another Ray of Gloom in the BII Acquisition?

Tuesday, October 23, 2001

The numbers may go sky-high. That's why the government hasn't approved the hedge bond for BII. In addition, questions are being raised about Bank Ningbo and the debts incurred by Eka Tjipta's son.

arsip tempo : 173169185942.

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Is there an epidemic more feared than anthrax? If you ask the Ministry of Finance (MoF), they will say that it's the hedge bond issuance of Bank Internasional Indonesia on the Sinar Mas Group's credit. On October 12, BII should have swapped Sinar Mas' US$1,059 billion in non-performing loans with government bonds at the Indonesian Bank Restructuring Agency (IBRA). At the same time, the Ministry of Finance would swap the government bonds, which i

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