{
    "success": true,
    "data": {
        "id": 1509696,
        "msgid": "bank-liquidations-spark-uncertainty-1447893297",
        "date": "1997-11-04 00:00:00",
        "title": "Bank liquidations spark uncertainty",
        "author": null,
        "source": "JP",
        "tags": null,
        "topic": null,
        "summary": "Bank liquidations spark uncertainty JAKARTA (JP): Many people are leading miserable and uncertain lives in the wake of the government closing 16 unhealthy banks Saturday. Staff of the liquidated banks are worried about their future employment, while the institutions' customers are scared they might lose their precious money. Dozens of employees of Bank Andromeda's Cikini branch in Central Jakarta flocked to the bank at 8 a.m. yesterday, but nobody got into the building.",
        "content": "<p>Bank liquidations spark uncertainty<\/p>\n<p>JAKARTA (JP): Many people are leading miserable and uncertain<br>\nlives in the wake of the government closing 16 unhealthy banks<br>\nSaturday.<\/p>\n<p>Staff of the liquidated banks are worried about their future<br>\nemployment, while the institutions' customers are scared they<br>\nmight lose their precious money.<\/p>\n<p>Dozens of employees of Bank Andromeda's Cikini branch in<br>\nCentral Jakarta flocked to the bank at 8 a.m. yesterday, but<br>\nnobody got into the building.<\/p>\n<p>Many of them could not believe that their office had been shut<br>\ndown.<\/p>\n<p>\"I don't know why it could happen to Andromeda. It's beyond<br>\nour expectation,\" an employee named Andrian told The Jakarta<br>\nPost.<\/p>\n<p>He said he could accept the fact that he would not be employed<br>\nby the bank anymore but hoped the bank would give proper<br>\nseverance payments to its employees.<\/p>\n<p>\"I'll find another job, maybe not in a bank. That's life,\"<br>\nAndrian said.<\/p>\n<p>A female RCTI reporter, who had held an account at Bank<br>\nAndromeda's head office in Wisma Barito Pacific in Central<br>\nJakarta, said she was worried about the fate of her paycheck.<\/p>\n<p>\"I cannot get this month's salary,\" she told the Post. She<br>\nsaid that many television station employees might not get their<br>\nsalaries this month due to the bank's liquidation.<\/p>\n<p>She said that the bank was the official bank for private<br>\ntelevision stations RCTI, SCTV and TPI. Those firms paid their<br>\nemployees' salaries through it.<\/p>\n<p>Another worried customer, Danny Tanuwijaya, said he went to<br>\nhis bank, Bank Industri, to make sure that his company's deposits<br>\ncould be withdrawn without hassle.<\/p>\n<p>\"I received a note from Bandung, saying a customer<br>\ntransferred Rp 40 million (US$11,428) to us on Thursday. Too bad<br>\nI didn't have the chance to cash it earlier,\" said Danny, a<br>\ndirector of PT Alter Abadi<\/p>\n<p>\"There is another Rp 10 million which was to be used to pay my<br>\nemployees' salaries,\" said Danny.<\/p>\n<p>He said he became a customer of the bank three years ago<br>\nbecause his office moved to Central Jakarta.<\/p>\n<p>\"How was I to know that my bank would collapse like this. I<br>\nwish I had known,\" he said.<\/p>\n<p>Customers of the liquidated are allowed to withdraw their<br>\nmoney at particular government banks on Oct. 13.<\/p>\n<p>A customer of one of BHS' branches in Bogor, West Java, said,<br>\n\"If I cannot get all my money back, I will destroy this<br>\nbuilding.\" (team)<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/bank-liquidations-spark-uncertainty-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}