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Guaranteed Graft

Wednesday, August 17, 2011

Investment deviations by PT Asuransi Kredit Indonesia are causing casualties. The old board of directors has been revamped and some are expected to be made corruption suspects.

. tempo : 172977619024.

FOR three hours the journalists waited for Chairperson of the Capital Market and Financial Institution Supervisory Agency (Bapepam-LK) Nurhaida. She was initially scheduled to talk about suspicions on deviating investments by PT Asuransi Kredit Indonesia (Askrindo) to the tune of Rp439 billion, at 2pm on Friday two weeks ago. Nurhaida did not appear until sunset.

A staff member of Bapepam-LK whispered to Tempo: “It was a tough meeting.” The

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Tempo English Wednesday, August 17, 2011
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