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Forever Counting the Cost

Tuesday, December 11, 2007

IBRA sold Timor’s assets based on a rock-bottom price. Suggestions of ‘fronting’ are also being explored.

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PROUDLY standing 2 meters tall, the steel fence does not appear to have been well maintained. A large part of the fence—which stretches almost 1 kilometer—is covered with vines. Behind this extends a parking area, wider than a football field. The back yard is now almost entirely covered with underbrush and wild grass.

In the past, the area used to be filled with hundreds of cars ready to be marketed. On Friday last week, however, when Tempo

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