Bank Century: Neglect or Intent?
Wednesday, March 3, 2010
THE Bank Century Inquiry Special Committee succeded not only in exposing the shameful behavior of its members, it also discovered that the system of banking oversight in Indonesia is truly chaotic. For years, Bank Century, owned by the family of Robert Tantular, seemed to have been pillaged by its owners without any meaningful action from Bank Indonesia to stop it. The Special Committee—based on data from the Financial Transactions Reporting &
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