Special Report
| Mon, 10/27/2008 11:34 AM
Bank Indonesia (BI) is paying a high price to maintain its credibility after its Netherlands-based Indover Bank subsidiary defaulted on its debt payments.
Following a decision taken in closed-door meetings and with a low-level of transparency, the BI proposal to bail out Indover, eventually calling upon massive taxpayer's funds, has been now approved by lawmakers.
The Jakarta Post's business section features a special report on the Indover mess on Page 3.