Jakarta Post

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Jakarta Post
The Jakarta Post
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DKI Jakarta, Indonesia
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Editorial: Stepping up banking oversight

  • The Jakarta Post

| Thu, December 4 2008 | 10:52 am

PREMIUM Preliminary investigations that led to the arrest of the former chief executive officer and chairman (shareholder) of Bank Century immediately after its recent bailout revealed how the bank's management and controlling owners had thrown out the window almost all regulations on prudential banking operations. These findings also showed how the central bank should have acted earlier to close...