Indonesian Political, Business & Finance News

Please give my funds and car's papers

| Source: JP

Please give my funds and car's papers

As a customer of Bank Bahari (Tomang Tol branch), a liquidated
bank, I have been waiting too long to withdraw my funds and
collateral from the bank because I was registered as a recipient
of the Plafond Rekening Koran, a facility for small
businesspeople. The facility is used only when the need for funds
is high and the customer has no cash. At the time of the bank's
liquidation, I had no outstanding loans.

In July 1999, I was promised that I could withdraw my funds
and collateral if I paid Rp 5,000 in due interest to the
Indonesian Bank Restructuring Agency (IBRA) via Bank Central Asia
(BCA). I did so although I did not understand what the interest
was for, because at the time I had no debts.

Until now, I have still not been able to withdraw my funds or
collateral, a vital amount for small businesspeople like me in
this economic crisis. Another problem is the November expiry date
on my car's papers, which were given as collateral. I have
inquired into the matter but have not received a response.

I hope IBRA will read this letter. I really would like to see
the reform movement work and the new government push for the
quality of professionalism at IBRA.

MARIA MARGARETTA

Jakarta

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