Syafruddin Temenggung: "No mercy for bad debtors"

Syafrudin Temenggung, Chairman of the Indonesian Bank Restructuring Agency (IBRA) is in a slump. With just days to go before IBRA must close up shop, 12 bankers still owe huge outstanding debts. One of them is Kaharudin Ongko.

Ongko, the former deputy chief commissioner of Bank Umum Nasional (BUN) is listed as a tough customer. His total debt comes to Rp8.3 trillion (close to US$1 billion), of which he has only repaid Rp8.6 billion (or abo

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