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To: IngotWeTrust who wrote (11612)	5/14/1998 3:09:00 PM
From: Lalit Jain	Read Replies (1) \| Respond to of 116836

Ole 49r, Jakarta riots hit Suharto family in the pocket. No love lost here ! poor bambam. Thursday May 14, 2:20 pm Eastern Time Jakarta riots hit Suharto family in the pocket (Adds Suharto family shares falling, detail) JAKARTA, May 14 (Reuters) - The riots which ravaged Jakarta on Thursday took their toll on the business interests of President Suharto's family and friends, with firms linked to them hit by attacks on their buildings and a sell-off of their shares. Banks and businesses belonging to Suharto's kin and associates were particular targets of the rioters rampaging through the city, as were cars made by companies owned by two of his sons. A dealership displaying sedans made by the Bimantara conglomerate, owned by Suharto's second son Bambang Trihatmodjo, was set on fire as violence and looting spread through the Indonesian capital. ''The car showroom was set on fire and was badly damaged,'' said one Bimantara official, who declined to be identified. Timor brand cars, owned by a company controlled by Suharto's youngest son Hutomo ''Tommy'' Mandala Putra, were also targets of the mob, and at least two branches of Bank Central Asia (BCA), Indonesia's largest private bank, were badly damaged. Both branches were in central Jakarta and were set ablaze. Rioters tried to take all the money out of the branches' automated teller machines, witnesses said. Another branch of the bank in the western part of Jakarta, a city of 10 million people, was set on fire on Wednesday night. BCA is co-owned by the Salim family, headed by Indonesia's wealthiest man Lim Sioe Liong, and some of Suharto's children. Lim's central Jakarta house was also attacked. The official Antara news agency said a mob set fire to Lim's house on Gunung Sahari Street, burned five cars, and destroyed documents and family pictures. Antara gave no further details and it was unclear whether Lim was in the house during the attack. Ethnic Chinese like Lim, who control much of Indonesia's commerce, have once again become the target of violence. They make up less than five percent of Indonesia's 200 million population, but their obvious wealth makes them targets during times of trouble. Some 22 people have been killed in violent protests and rioting in Jakarta this week. On Jakarta's stock exchange, where most brokers shut up shop early as the violence spread, shares in companies controlled by Suharto's children dived for the second day running. Bimantara shares plunged 25 percent, while finance firm Maharani, controlled by Suharto's daughter Siti Hediati Prabowo, tumbled 20 percent. Citra Marga, the toll road operator controlled by Suharto's eldest daughter Siti Hardiyanti Rukmana, dropped 5.5 percent. Suharto, who has ruled Indonesia for 32 years, was expected to arrive home in the early hours of Friday, a day ahead of schedule, after cutting short a visit to Egypt. Suharto was quoted in Indonesian media as saying on Wednesday he was willing to quit if he did not have the support of the people. "I will not use force of arms (to stay in office)," he said. Most analysts took that statement with a large pinch of salt, but agreed that the opposition to Suharto's rule was at unprecedented levels and his regime was in its death throes. biz.yahoo.com Regards, Lalit Jain