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Replacing Danareksa's President Director

Dark Horses Near the Palace?

Tuesday, January 30, 2001

The government is not only replacing the president director of Bahana Securities, which has made big losses, but also the firm's leadership, despite its worthy achievements. Will candidates close to the palace have a better chance?

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Rumors, vague at the beginning, are now clearly heard. The government will soon change the management of the two high ranking government securities companies: Danareksa and Bahana Securities. For Bahana, the drawing up of the process was even done at the Directorate General of State Enterprises at the Ministry of Finance. According to Coordinating Minister for the Economy Rizal Ramli, "It is almost completed." The deadline is the end of January 200

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