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IBRA

Thicker than Thieves

Sunday, October 29, 2000

The Indonesian Bank Restructuring Agency (IBRA) is to get yet another boss. A sign of a frustrated government? Economists think so.

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One change after another. Who will take over the helm of IBRA from the dismissed Cacuk Sudarijanto? It has been a mind-boggler of a puzzle but the answer came discreetly. Former president director of state-owned Bank Negara Indonesia (BNI) Widogdo Sukarman will be formally appointed this week as chairman of IBRA, the body that potentially holds the fate of Indonesia's economy in its accounts books. An IBRA official shared the information after a d...

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