TEMPO Interactive, Jakarta: Efforts to cancel the contract of PT Timor Putra Nasional’s debt purchase between the Indonesian Bank Restructuring Agency (IBRA) and PT Vista Bella Pratama must be carried out through trial process, not arbitration.
“This is because it often happens that a party doesn’t execute the arbitration decision,” said Emerson Juntho, Coordinator of Indonesia Corruption Watch’ Legal and Justice Monitoring Team Head.