|
Headline: Big advance in debt dealings Source: Euromoney Date: May 2001 Author: Maggie Ford Ever since the first sod was turned on the site, the $1.25 billion Chandra Asri petrochemicals plant has been trouble. For 10 years an icon of Indonesia’s problems with corruption and cronies, the project was set up jointly by Bambang Trihatmodjo, second son of former President Suharto, and his close friend Prajogo Pangestu, an ethnic Chinese timber tycoon. Right from the start it has embroiled government ministers, foreign officials of aid agencies and banks, Japanese businessmen and Indonesian politicians in almost continuous controversy. |
Access intelligence that drives action
To unlock this research, enter your email to log in or enquire about access
