IBRA is not transparent<\/p>\n
From Bisnis Indonesia<\/p>\n
I am one of the many prospective investors who would like to
\nbuy some of the assets of the Indonesian Bank Restructuring
\nAgency (IBRA) and have visited some well-known property agents to
\nget information. The agents promptly asked me why I had an
\ninterest in the assets and whether I had some \"friends\"
\n(insiders) who could make \"arrangements\" for the deal.<\/p>\n
At first I did not understand what they meant, but finally
\nthey explained to me that it was not so easy to buy the assets no
\nmatter how high of an offer I made. That is due to the fact that
\nthe name of the auction winner and price are not made public.<\/p>\n
I am not that gullible. When I heard that IBRA was going to
\nhold a seminar, I felt happy. I participated in it to ask a few
\nquestions. It turned out that one of the participants had already
\nasked the question I was going to ask. They admitted that the
\nname of the auction winner and price were not made public.
\nTherefore I asked to myself: \"Why should I waste my time, energy
\nand money to participate in the auction if they have already
\ndetermined the winners before the auction?\" Now I understand that
\nwhat the property agents told me was really true.<\/p>\n
YANIH, Jakarta<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/ibra-is-not-transparent-1447893297", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }