Tackling Rogue Debtors
Tuesday, June 20, 2006
Publishing the names of non-compliant debtors in the media should have a deterrent effect. But tackling the problem at the source is more important.
arsip tempo : 173511357914.
LAST weeks publication of the names of people who failed to repay their Bank Mandiri loans takes us back to the past. Seven years ago, the Indonesian Bank Restructuring Agency (IBRA) did the same thing.
Perhaps the intention was good. Not only would the loans be repaid, but the debtors would be shamed into learning a lesson. But this good intention should not end in the same way as IBRAs efforts. Not all the debtors were taken to court, and the fe
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