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Stuck Between Four Giants’ Loans

Tuesday, July 14, 2020

The OJK urges Mayapada to increase capital or reshuffle its controlling shareholders. There are suspicions that this was the impact of an alleged violation of prioritizing jumbo loans for owner’s colleagues.

Customer service activities at Bank Mayapada in the Mayapada Tower, Jakarta, July 10./ Tempo/Tony Hartawan. tempo : 173055012161.

EVEN though he has been a member of the Presidential Advisory Council (Wantimpres) since December 2019, Dato Sri Tahir had only attended one meeting. That was the first meeting with President Joko Widodo. After that, the Mayapada business group owner never showed up.

He also did not join the virtual meeting that the Council held with Wimboh Santoso, the Financial Services Authority (OJK) chairman of the board of commissioners, on Wednesday, June

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Tempo English Tuesday, July 14, 2020
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Tempo English Tuesday, July 14, 2020
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