Indover Bank Entered Liquidation Phase

Posted by Fransadrianto | 12/28/2008 08:05:00 PM | , | 0 comments »

As quoted Bisnis.com, Indonesische Overseas (Indover bank) finally liquidated after the central bank to apply to the bankruptcy court Netherlands.

Bank Indonesia Governor, Boediono has revealed the government to fly to the application process Indover bankruptcy since early December and then to the court in the Netherlands through administratur central bank in the State this windmill.

"It appears that [the bankruptcy application] has been approved by the Netherlands. We are still waiting later, what should be done to secure our interests there, the government and Bank Indonesia," he said.

Boediono said the bankruptcy stay is awaiting the implementation process of liquidation, which must be implemented in accordance with the provisions of the applicable law in the Netherlands.

Deputy Governor of Bank Indonesia, Muliaman D Hadad , describes the status of the business of Bank Indonesia in the Netherlands have been included in the liquidation phase, so it is not possible for more investors into Indover.

"I think too late. Investors can not go to the Bank Indover because the liquidation was running," he said.

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