
Gov’t Seizes BLBI Obligor Asset Worth Rp630 Billion
The Government through the Task Force for Handling State Collection Rights for the Bank Indonesia Liquidity Assistance (BLBI Task Force) has confiscated asset of the former obligor of Bank Umum Nasional Kaharudin Ongko in the form of 31,530 square meters land located in Wonokromo, Surabaya. “The confiscation was carried out as part of the state’s […]