Monday, November 03, 2008

Bank Indover to be liquidated

The Investor Daily-November 01, 2008 Miranda Swaray Goeltom, senior deputy governor of Bank Indonesia, stated that the central bank couldn’t rescue and maintain Indover Bank without the agreement from House of Representatives. Meanwhile, the court in Netherlands gave the deadline until October 31, 2008. In fact, until the end of session that held by House of Representatives on October 31, 2008, there was no agenda to further discuss and decide on Indover’s destiny.

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