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Turning the Last Page

Tuesday, August 12, 2003

In addition to facing a fast-approaching deadline, the loan asset sales at IBRA are being all but mobbed by bargain-seekers. Assets are being nibbled away at while targets are not being achieved.

arsip tempo : 173169274641.

. tempo : 173169274641.

LOTS of pieces of paper containing the list of thousands of loan assets were scattered all over his desk. Handi (not his real name) is the director of a securities company and he explained that these were the packet of loan assets to be sold off by the Indonesian Bank Restructuring Agency (IBRA) in its fourth such offer. In a low voice, he stated that he had obtained the list of the loan assets through a special channel, mentioning the name of

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