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Three Lucky Tycoons

Monday, October 23, 2000

President Abdurrahman Wahid said he would postpone prosecution against three business tycoons. Mixed reactions abound.

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It seems to be tradition that when President Abdurrahman Wahid is abroad, he often makes statements that can anger people. This time, in Seoul, South Korea, he said he would postpone legal prosecution against Marimutu Sinivasan, Prajogo Pangestu and Sjamsul Nursalim -- three business tycoons and big-time debtors.

Sinivasan has a backlog of debts worth US$2.74 billion; Sjamsul Nursalim owes Rp27.5 trillion; and Prajogo Pangestu has incurred bad

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