To initiate the analysis, it is advisable to explore the licensing, supervision, and bailout procedures of the banking systems in other nations countries with good banking systems drawing comparisons to the bailout of Indonesian banks, specifically in 1997.
The banking bail out in Indonesia during that era stands as a major contributor to the pervasive occurrence of mega corruption in the country.
This is not to deny that the benefit of bail out is typically better in comparison to the other visible alternatives. Contrast it with another option where confidence in the banking system erodes, leading to a mass withdrawal of funds. The bail out is always be converted to the government ownership of shares in the banks, financial institutions. If the banks make profit, the shareholders, e,g the taxpayers, get value for their money. Even it is just a breakeven it is already better than the other alternatives as this will save many ordinary employees working in the banking sectors from a mass redundancy.
The problem in Indonesia here is that all parties from the law makers, watchdogs, regulators, Investigators, law enforcers, the prosecutors, judges even until the supreme court judges are colluding to some degrees. The people who commit a mega corruption could still escape even when the case go to the ultimate court, e.g the supreme court.
This is an example of British Banking bail out during the banking crisis in 2007-2009. This link come from a very reliable source as it comes from the Parliament.
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In order to obtain a golden visa in Indonesia, one must accumulate $350,000 in an Indonesian state owned bank. How many individuals want to take part in this scheme thus far? Is it possible that fewer than ten affluent individuals worldwide possess the financial means with this sum want to establish a second residence in Indonesia or they just do not trust their money to kept by these institutions? What about wealthy individuals from the Middle East, East/Southeast Asia, and Russia, where a considerable number of affluent individuals, millionaires either immigrate to or establish second homes in other countries?