Some of the last vestiges of one of Indonesia’s biggest scandals – the collapse of PT Bank Century TBK in 2008 and its subsequent US$710 million bailout – are playing out in a Singapore courtroom, where a Mauritius-based hedge fund is trying to find out what became of more than US$115 million that the fund claims as its own.
Indonesia's Bank Century Mess Goes Global
Indonesia's Bank Century Mess Goes Global
Indonesia's Bank Century Mess Goes Global
Some of the last vestiges of one of Indonesia’s biggest scandals – the collapse of PT Bank Century TBK in 2008 and its subsequent US$710 million bailout – are playing out in a Singapore courtroom, where a Mauritius-based hedge fund is trying to find out what became of more than US$115 million that the fund claims as its own.