For the Love of Money? - Economy - magz.tempo.co

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IBRA

For the Love of Money?

Tuesday, April 10, 2001

Three top officials at the Indonesian Bank Restructuring Agency (IBRA) plan to resign. Disappointed in Edwin Gerungan’s leadership or the lack of a bonus?

. tempo : 173222908270.

A rumor was doing the rounds last week that three key officials from IBRA would resign. They are deputy head Slamet Sumantri and two division heads of the Asset Management Credit (AMC) division, Riswinandi and Hendro Santoso. The first division head is famous for signing a memo of understanding on the restructuring of Chandra Asri Petrochemical’s debts; the second, for the settlement of Texmaco’s debts.

A variety of reasons seem t

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