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IBRA is a 'robbers' nest

| Source: KORAN TEMPO

IBRA is a 'robbers' nest

From Koran Tempo

Anwar Nasution once said that the central bank was a
"plunderers' nest", and now the Indonesian Bank Restructuring
Agency (IBRA) is nothing but a "robbers' nest". Why won't it be
if, as the new chairman of IBRA had announced, almost every IBRA
group head is also commissioner of debtor companies.

Most amazing to note, one IBRA official is apparently the
commissioner of nine debtor companies and earns about Rp 30
million from each company. Moreover, if an IBRA official acts as
a middleman in the selling of IBRA assets, he has the opportunity
to earn extra. Therefore these officials may press the asset
prices as low as possible to meet the buyer's interests.

Therefore, IBRA chairman I Putu Gede Ary Suta should
immediately rid the agency of these "robbers" uncompromisingly.
It clearly shows that money and wealth are their prime objective.
It appears they are robbing the state under the pretext of
upholding the supremacy of law and heeding the interests of the
people.

This state and nation will surely be shattered if opportunists
occupy positions in IBRA. They should be dismissed, and their
wealth and families' assets be thoroughly investigated.

The question is, "How much money has the state lost because of
dishonest IBRA officials?"

TAUFIK KARMADI

Jakarta

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