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Lippo Bank

New Faces, Old Ties

Tuesday, April 22, 2003

The new lineup of commissioners and directors at Lippo Bank is practically in the Riady family's clutches.

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SECURITY was tight at the Dharmawangsa Hotel. The watchful guards examined the faces entering the room for the extraordinary meeting of Lippo Bank shareholders last Tuesday. One of them, as if anticipating a terrorist attack, looked lean and mean, standing guard with a large hound beside him.

Selection was meticulous. Some of the invitees sauntered easily after showing proof of share ownership. However, economists Faisal Basri, Dradjad Wibo

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