1. The sale of PT Indomobil Sukses Makmur, a company owned by the

1. The sale of PT Indomobil Sukses Makmur, a company owned by the
Salim group, for Rp 625 million to a consortium led by Trimegah
Securities. The company was worth Rp 2.14 trillion when IBRA took
it over 1998.

The transaction aroused suspicions that Salim had bought back
the company.
2. IBRA pushed ahead with the sale of non-performing loans this
year despite the fact that most of them had yet to be
restructured. Suspicions were rife that the buyers of the loans
were actually the original debtors themselves.
3. IBRA proposed that former bank-owners be freed from criminal
charges and their obligations to repay their debts. The
controversial proposal was later accepted by the government.