Settling Old Scores
Monday, September 6, 2021
Jokowi's administration is once again pursuing the debtors who received Bank Indonesia Liquidity Assistance (BLBI) totaling Rp110.4 trillion. There must be no seeking of political benefit.
THE New Order regime fell 23 years ago, but successive post-Suharto administrations have failed to resolve the problematic debts incurred by crooked business people from that era.
The most obvious example is the loans taken out by Putra Nasional owned by Hutomo Mandala Putra, alias Tommy Suharto. With the backing of the government’s national car program, Tommy turned the KIA brand from South Korea into Timor. The company was enti
...
Subscribe to continue reading.
We craft news with stories.
For the benefits of subscribing to Digital Tempo, See More