Tight After the Leaks

THERE are signs of life once more in the large room on the fifth floor of the Danamon building. After being vacated by Bank Danamon, it was then rented out to the Indonesian Bank Restructuring Agency (IBRA) some two weeks ago. Amongst other things, this room has been used for opening up the thousands of envelopes containing the bids sent to IBRA. This was just one of the activities in IBRA's largest loan assets sale to date—the Loan Asset

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