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Riady: Jakarta bungled in stalling DBS deal

But he says country should be judged by reforms over the past decades

[SINGAPORE] The chief executive of one of Indonesia's biggest conglomerates, Lippo Group's James Riady admitted that the Indonesian government made a "big mistake" when it stonewalled Singapore bank DBS Group Holdings' S$7.3 billion takeover of Bank Danamon last year.

"Do I agree with...

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