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Sugar

The Sugar Minefield

Tuesday, April 2, 2002

The sale of the Sugar Group leaves behind land problems. An expert sleight of hand by the Salim Group or IBRA's negligence? Or was it the sloppiness of the bid winner?

arsip tempo : 178040170753.

. tempo : 178040170753.

The Sugar Group is not turning out to be as sweet as people thought. After the Indomobil sale raised questions, the sale of another asset previously owned by the Salim Group may hide a time bomb for the Indonesian Bank Restructuring Agency (IBRA). TEMPO's tracking of a number of sources in IBRA and a pile of authentic documents reveal many irregularities which up to now have not been resolved.

Located in Lampung, Sugar is a sugar producin

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