| BUSINESSWEEK ONLINE : JULY 26, 1999 ISSUE | ||||||||
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| INTERNATIONAL -- ASIAN COVER STORY
All the President's Children They are among those who spirited out $100 billion BAMBANG: Bambang Trihatmodjo OWNS 38% of Jakarta-listed Bimantara Citra, a holding company with 27 subsidiaries in industries from petrochemicals to telecommunications to hotels. Resigned as director. BAD DEBTS At least $521 million, including $400 million from cellular phone network Satelindo. SEIZED His 60% of the $1.8 billion Chandra Asri petrochemical plant--the fifth-largest debtor in the country. TUTUT: Siti Hardiyanti Rukmana OWNS Interests in more than 90 companies in businesses ranging from power generation to finance to toll roads. Remains chairman of Citra Marga Nusaphala Persada. BAD DEBTS At least $435 million, including a $70 million personal loan from the Brunei government. SEIZED Her 15% stake in Bank Central Asia, which was Indonesia's largest private-sector bank until it was nationalized a year ago. TOMMY: Hutomo Mandala Putra OWNS 90 companies under the Humpuss Group, including crude oil and liquefied natural gas shipping. Trying to sell Automobili Lamborghini, which he bought for $40 million. Sempati Air declared bankrupt July 5. BAD DEBTS At least $1.4 billion, including $1.1 billion from the Timor Putra Nasional auto venture. SEIZED Timor Putra Nasional's headquarters building and assembly plant. DATA: CISI RAYA UTAMA, INDONESIAN BANK RESTRUCTURING AGENCY, BUSINESS WEEK _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ BACK TO TOP |
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 RELATED ITEMS Indonesia's Kingmaker (int'l edition) ASIAN COVER IMAGE: Indonesia's Kingmaker TABLE: Power Play Suharto Billions May Be Sneaking Back (int'l edition) TABLE: All the President's Children INTERACT E-Mail to Business Week Online | |||
