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View all search resultsBLBI-case
Academia 1 month ago
PREMIUM
Addressing the 4Is of good corporate governance (Part 2)
As trillions in state funds remain unrecovered, Indonesia’s path to sustainable growth hinges on moving beyond 'business as usual' toward a rigorous, mandatory framework of institutional control and proactive intervention
Academia 1 month ago
PREMIUM
BLBI and the test of central bank’s independence under Prabowo
The failure to settle the BLBI scandal beyond doubt shows that the state has opted for accommodation over confrontation, appearing more fearful of unsetting entrenched economic elites than of losing public funds.
Politics 2 years ago
PREMIUM
BLBI task force recovers Rp 30 trillion in state assets
A government task force has reclaimed some 30 percent of the assets stolen in the Bank Indonesia liquidity support (BLBI) scandal, which had its roots in the 1998 Asian financial crisis, and has redeployed some of the assets for local administrations, state agencies and ministries.
Opinion 4 years ago
PREMIUM
Pursuing big, bad debtors requires more than political resoluteness
But strong political will alone is not enough for the task force, which has until the end of 2023 to complete its task of collecting long overdue debt repayments from former bank owners who received Bank Indonesia liquidity support (BLBI) during the 1998 economic and political crises.
Opinion 4 years ago
PREMIUM
Truth or dare? Jokowi vows to collect elusive Rp 110 trillion in debt
This list looks like a debt collector’s dream team: Coordinating Political, Legal and Security Affairs Minister Mahfud MD, Coordinating Economic Minister Airlangga Hartarto, Coordinating Maritime Affairs and Investment Minister Luhut Pandjaitan, Finance Minister Sri Mulyani Indrawati, Attorney General ST Burhanuddin and National Police chief Gen. Listyo Sigit Prabowo.
National 4 years ago
PREMIUM
KPK drops probe into BLBI graft scandal. Then govt forms BLBI asset recovery task force
The government has formed a new task force to recover state assets lost during the alleged corruption of the BLBI funds in 1997-1998, now that the KPK can no longer pursue criminal charges against its suspects. But one critic says the move comes too late.
