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Danareksa

A Tough Row To Hoe

Tuesday, December 4, 2001

Replacing the Danareksa Managing Director turned out to be a tough process. The exposure of fund misappropriation cases at Danareksa and tension among the Indonesian Democratic Party of Struggle (PDI-P) executives further made Laksamana Sukardi delay any action.

arsip tempo : 173168488725.

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The simultaneous replacement of directors of a number of State-Owned Enterprises by Laksamana Sukardi last week proceeded smoothly, except that of Danareksa, which had to be postponed. As of last week, he still wasn't able to replace Dian Wiryawan, Danareksa's current Managing Director, although Edgar Ekaputra Sujanto, a former director under ex-director Glenn Yusuf, stood ready to take over. The delay was caused by some disagreement among exec...

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