A Sticky Situation

IN the lead-up to Indonesia's August 17 Independence Day celebrations, the Supreme Court handed down a surprising decree which has revived the Bank Bali controversy. The decree was issued as a result of a dispute between Bank Permata and the South Jakarta Prosecutors Office regarding the transfer of a Bank Bali debt claim. However the decree has also affected the Department of Revenues and State-Owned Enterprises (SOEs) and the Indonesian Bank

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