Leuz, Christian (contributor); … - 2003
billion from Bank Negara Indonesia, one of Indonesia’s largest state
banks. The loans far exceeded the bank’s legal lending … of $430 million from the state-owned Bank Pembangunan Indonesia. Court proceedings
subsequently revealed that Hutomo … bank officials who approved the
loan at “neck-breaking speed” (McBeth, 1994). Similarly, the Barito Pacific group …