Held Hostage by Past Debts - Economy - magz.tempo.co

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Held Hostage by Past Debts

Tuesday, December 4, 2012

The government refuses to buy back the right to collect debts incurred by Kertas Leces. Some of the loans may have been illicitly obtained.

. tempo : 173222903375.

The steel-wheeled, German-made Voith machine rotated the tambor producing paper rolls measuring two meters in diameter. The roar of the engine producing the HVS paper was deafening. Thin white smoke billowed from the chimney when Tempo visited the Kertas Leces paper mill in Probolinggo, East Java, last week. The 64-hectare mill was back in operation after a two year hiatus.

It was also last week that the Finance Development Controller (BPKP) team

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Tempo English Tuesday, December 4, 2012
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