Letters

We would like to offer our explanation regarding the article Raising Revenues with Problem Assets (September 24).

The article said: “Of the 8,000 property assets currently under IBRA, only 1,610 have been sold this year, bringing in revenues of Rp835 billion. According to IBRA property consultant Heindrych Napitupulu, this is in fact much better than the performance in 2000. Last year, after 13 private auctions, IBRA was only

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