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Lippo’s Kung Fu Movements Revealed

Tuesday, February 25, 2003

Mochtar Riady’s family is suspected of running a guerrilla war to wrestle Bank Lippo back while the government sits back and watches. Fortunately, a number of analysts are trying to stop them.

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Suddenly, you could hear a pin drop in the large room. The audience seemed hypnotized. At the speakers’ table, Lin Che Wei accompanied by several economists, was trying to hold back his emotions. Tears glistened in his eyes. With a broken voice, the capital market analyst explained the Bank Lippo scandal. He was deeply concerned by the accusation of reputation-smearing by a member of Bank Lippo’s board of commissioners.

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