Toothless Oversight - Opinion - magz.tempo.co

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Toothless Oversight

Tuesday, July 14, 2020

Bank Mayapada is preparing for a limited public offering to overcome a liquidity crunch. The oversight of the OJK is open to question.

Toothless Oversight. tempo : 173222578825.

THE move by Dato Sri Tahrir to inject further capital into Bank Mayapada Internasional is right. As the owner of Mayapada, Indonesia’s seventh richest person according to Forbes (2019) should take responsibility for the problems that have afflicted the bank, which has total assets of Rp89 trillion. A business solution such as a limited public offering to shareholders or new investors must be prioritized over an injection of state funds

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