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If Only BI Had Acted More Quickly...

Tuesday, November 6, 2001

It seems Unibank's owners got wind of Bank Indonesia's plans to freeze their bank's operations. How have Unibank's owners been able to get out of their obligations?

arsip tempo : 173518646664.

. tempo : 173518646664.

ON Monday morning last week, A Lien hurried to Uni Plaza in Medan, North Sumatra. He had only one thing on his mind: to withdraw his money from the bank so he could increase his trading capital. A Lien, a trader at Medan's Pasarbaru, stood in a queue all morning. By midday, there were no signs that anyone was going to serve. Was he worried? He certainly was because for several days previously, the bank's customers had been withdrawing their mon

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