Beware Salim's Trojan Horse - Economy - magz.tempo.co

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BCA

Beware Salim's Trojan Horse

Tuesday, January 15, 2002

As the BCA share tender draws nearer, the Salim Group has arranged a US$200 million loan with a foreign bank in Singapore. Is the group getting ready to buy back into BCA again? What is clear is that there is a Salim Group sleeper in BCA that could ruin the tender's winner.

. tempo : 172851647629.

IS the Salim Group behind one of the bidders for Bank Central Asia (BCA)? That's a very difficult question to answer. State Minister for State-Owned Enterprises (SOEs) Laksamana Sukardi has in fact already guaranteed that the former owner will not be permitted to buy back BCA shares in the future. He admits to already having spoken to Anthony Salim by phone and asked him not to try and infiltrate BCA through the back door. Apparently the heir

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Tempo English Tuesday, January 15, 2002
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