Hundreds of Trillions of Rupiah in State Losses Suspected in BCA Share Sale
Politics

Hundreds of Trillions of Rupiah in State Losses Suspected in BCA Share Sale

A potential state loss of hundreds of trillions of rupiah is alleged in the 2002 sale of 51% of BCA shares. The shares, valued at over Rp200 trillion, were reportedly sold for approximately Rp5 trillion, followed by years of substantial government interest subsidies to the buyer.

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