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Japanese Firm Got an Indonesian Bank Almost Free
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Japanese Firm Got an Indonesian Bank Almost Free

John Berthelsen's avatar
John Berthelsen
Jun 30, 2017
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Asia Sentinel
Asia Sentinel
Japanese Firm Got an Indonesian Bank Almost Free
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A scandal-plagued Indonesian bank, now in the hands of a controversial Japanese company, was sold to its new owners for virtually nothing, adding another layer of intrigue to the long saga of what was once the notorious Bank Century. It is now doing business as PT Bank J Trust Indonesia TBK.

The result, since Century's founding in 1989, is the disappeara…

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