Word: mochtar
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...President for as long as it takes to solve Indonesia's economic crisis, but he refuses to acknowledge that his family, with its tentacles deep into the nation's business interests, is part of the problem. "None of the economists around him dare to tell him the truth," says Mochtar Buchori, a newspaper columnist in Jakarta. "None have the courage to tell him, 'No, you are wrong...
...across Southeast Asia last summer, Rubin and other U.S. officials urged the International Monetary Fund to take the lead. Washington did not regard the Thai or Malaysian economy as vital to American interests, and in a year that had seen far too many fund-raising stories about Jakarta's Mochtar Riady and the Lippo Group, the Administration could hardly take the lead for anything Indonesian. Despite prosperity at home, the nation--and Congress in particular--was in no mood to be generous. In November, Congress killed $3.5 billion in new borrowing authority for the IMF as part of an unrelated...
...Justice Department's campaign-finance task force may soon confer immunity on ARIEF and SORAYA WIRIADINATAS, the Indonesian couple who were the largest individual donors to the D.N.C. in '96. The pair, who are closely tied to Lippo Group principals MOCHTAR and JAMES RIADY, say they gave $450,000 to the D.N.C. at the urging of JOHN HUANG (the money has since been returned). Though they could help build a case against Huang and others, they may opt not to play and remain in Indonesia. The task force, meanwhile, is pressuring frequent donor Johnny Chung, by threatening an indictment...
...Clinton--I've Got the Movin' to the Middle 'Cause It's Slippery on the Edges Blues, for instance, or I've Got the Sorry That I Did Whatever Might Offend You Blues. Maybe he's aware that I've been scouring my brain for something that rhymes with Mochtar Riady...
...press is also shocked that Mochtar's son James Riady, during a number of Oval Office visits, described by the White House as basically social, praised Clinton's stand on China and urged him to visit President Suharto of Indonesia (as did others and he did). Most social encounters in Washington are part backslap and part business, and these had more of the former than the latter. But because reporters are trying to compensate for charges that they favor Democrats, they are more willing to buy the G.O.P. line that foreign-policy decisions are as open to influence as domestic...