Economic recovery depends on IBRA's success in finding good investors to recapitalize companies and banks.
IBRA's employees have also been granted special legal protections to help stiffen their resolve.
IBRA's asset grab could thus help Indonesia to reverse some of its past mistakes.
If the run on BCA is not stemmed, IBRA will need to draw more money from government coffers.
Business executives complain that IBRA can be difficult and sometimes just plain amateurish.
"It is a landmark transaction for our country, " proclaimed IBRA chairman Cacuk Sudarijanto.
Indeed, in IBRA's rush to meet International Monetary Fund deadlines, there are criticisms that some debtors are being treated too leniently.
Jakarta also assured that depositors would get paid, and it used IBRA to assume many of the bad debts of local lenders.
Investment advisers now tell clients to avoid IBRA altogether because it is easier, faster and less frustrating to start a business from scratch.
Late last year, IBRA selected a group led by Newbridge Capital and Gilbert Global Equity Partners, both U.S. investment funds, to be Astra's new owners.
Spartak Moscow left back Baye Ali Ibra Kebe is recalled after a long absence, and Ibrahima Diallo of Senegalese champions Jeanne d'Arc could also fill in.
After IBRA's takeover of his bank, Attorney General Andi Mohamed Ghalib slapped a travel ban on Hasan, who had pledged to cover all of Umum's losses.
"There are a lot of new players, both in politics and in business, " says Andreas Bunanta, former loan work-out chief at the Indonesian Bank Restructuring Agency (IBRA).
Restructuring plans have been announced for another three banks under IBRA (Indonesian Bank Restructuring Agency) control, while progress has been made toward the merger of four state banks.
The Indonesian Bank Restructuring Agency (IBRA) took over BCA's management on May 28 and assured everyone that the new government of President Bacharuddin Jusuf Habibie will continue to guarantee all bank deposits.
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