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The Bank Bali scandal occurred in Indonesia in 1999 when Golkar Party officials colluded with the Indonesian Bank Restructuring Agency (IBRA) to coerce Bank Bali chief Rudy Ramli to pay an illegal commission of Rp546 billion (then equivalent to about US$80 million) to private company Era Giat Prima in order to collect Rp904.6 billion owed by two banks taken over by IBRA.
A devastating terrorist strike wipes out much of Saudi Arabia's oil production; the same day a trader of Saudi origin disappears from the fictional UK investment bank Sun First Credit (SFCB). Managers soon discover the missing trader, Samir Badr, has built up crippling debts, multiplied a hundredfold by the attacks in Saudi.
The agency was created in 2011 under the Law No. 21 of 2011 as an independent institution responsible for regulating and supervising Indonesia’s financial sector. [4] It was created to replace the financial oversight functions previously held by Bank Indonesia (BI) and the Capital Market and Financial Institutions Supervisory Agency (Bapepam-LK), ensuring a more integrated and comprehensive ...
Sun Indalex Finance, LLC v United Steelworkers, 2013 SCC 6, arising from the Ontario courts as Re Indalex Limited, is a decision of the Supreme Court of Canada that deals with the question of priorities of claims in proceedings under the Companies' Creditors Arrangement Act, and how they intersect with the fiduciary duties employers have as administrators of pension plans.
Prior to founding Sun Finance Group, Jurjevs was CEO of non-bank creditor company 4finance. [ 4 ] [ 5 ] [ 6 ] His co-founder Emils Latkovskis was a former footballer, [ 7 ] CEO of the Latvian Higher League , and a board member of the Latvian Football Federation [ 8 ] [ 9 ] and UEFA Futsal and Beach Soccer committee member.
The tax amortization benefit factor (or TAB factor) is the result of a mathematical function of a corporate tax rate, a discount rate and a tax amortization period: = [(((+)))]
PRIMA is an interbank network operating in Indonesia and Singapore, owned by PT Rintis Sejahtera, a satellite communication service provider. [1] Previously, it was known as the ATM BCA network, serving Bank Central Asia .
PT Bank Central Asia Tbk, commonly known as Bank Central Asia (BCA) is an Indonesian bank founded on 21 February 1957. It is the largest private bank in Indonesia with assets amounting to Rp 5.529,83 trillion (USD 308,5 billion) as of 2022. [2] It is currently headquartered at BCA Tower in Jakarta.