A Decision that Needs Examining - Opinion - magz.tempo.co

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A Decision that Needs Examining

Tuesday, May 4, 2004

The Central Jakarta Commercial Court has declared Prudential Life bankrupt. The Supreme Court should immediately question the judges involved in this case.

. tempo : 172862426399.

AS a result of a dispute over Rp1.43 billion, the Central Jakarta Commercial Court declared PT Prudential Life Assurance bankrupt two weeks ago. The decision was surprising because it involved an insurance company with thousands of clients that attracted more than Rp1 trillion of premiums last year. What is more, the receiver appointed by the court asked the company, which is in very good financial shape and is controlled by a giant British

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