Audit Results
'Disclaimer' for IBRA-Controlled Assets
Tuesday, July 3, 2001
It's very unlikely that IBRA will be able to meet the asset sales target set by the government and the DPR. In fact, the recovery rate may even drop below 30 percent.
arsip tempo : 172976887688.
IT certainly wasn't a very nice present with which to welcome the new IBRA chief, I Putu Gde Ary Suta. Just like last year, the accountants' office of Hans Tuanakotta Mustofa has apparently once again added a disclaimer to their audit of IBRA-held assets, many virtually worthless. In short, the outcome of the audit is just another confirmation that IBRA has for many years held assets of little value at all.
This must be a severe blow to the gove
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