Repeat Offender - Opinion - magz.tempo.co

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Repeat Offender

Tuesday, January 12, 2010

Bank Indonesia’s failure to oversee Bank CIC properly led to it being unfit for a merger. There are strong suspicions of collusion.

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IF we could go back in time, the Bank Century case would not have happened. Even that should include one condition: ensuring that the oversight of the banking system following the 1997-1998 financial crisis should go well. When the crisis struck a number of the “Asian tigers,” Indonesia’s banking system took a beating. Major banks received red report cards. Almost every tycoon was caught with bad loans totaling trillions of rupiah. As a res

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Tempo English Tuesday, January 12, 2010
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Tempo English Tuesday, January 12, 2010
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Tempo English Tuesday, January 12, 2010
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