interbank loans from IBRA by January 1999. He needed to collect the debts to meet capitalization requirements and prevent IBRA from taking over the bank. Under the government's bank guarantee scheme, the funds should have been automatically reimbursed to Bank Bali. In October 1998, Rudy's wife informed him that property tycoon Djoko Tjandra wanted to meet him. Rudy was later pressured by Djoko Tjandra to use the services of his debt collection company, PT Era Giat Prima (EGP), which agreed to help Bank Bali recover its money from IBRA, in return for EGP receiving an enormous commission of 60% of all proceeds. EGP was owned by Djoko Tjandra and run by Setya Novanto, who was deputy treasurer of Golkar Party and part of Habibie's re-election team. On 11 January 1999, Bank Bali and Setya Novanto signed a cessie agreement (a type of loan syndication) for recovery of its interbank loans, amounting to Rp598.1 billion owed by BDNI and Rp200 billion owed by BUN. The agreement was not recorded in Bank Bali's official report at the time, and was not registered with Bank Indonesia. Another Rp38 billion was to be recovered from Tiara via a cessie agreement with a company called PT Persada Harum Lestari (PHL). On 11 February 1999, a meeting was held at EGP director Djoko Tjandra's Hotel Mulia in Jakarta to discuss the Bank Bali credit issue. Among those present were: Rudy Ramli, Djoko Tjandra, Bank Bali director Firman Soetjahja, Supreme Advisory Council (DPA) chairman Arnold Baramuli, State-Owned Enterprises minister Tanri Abeng, Bank Indonesia governor Syahril Sabirin, IBRA deputy chairman Pande Nasorahona Lubis, and EGP president director Setya Novanto. Most of them later denied attending the meeting. On 18 February 1999, Pande Lubis instructed Erman Munzir, the director of banking development at Bank Indonesia, to re-examine Bank Bali's claims. Erman assigned the task to a team from Bank Indonesia's bank examination division. On 22 March 1999, the team concluded that Bank Bali's claims were eligible. Erman sent a letter to IBRA chairman Glenn Yusuf, informing him of the conclusion and mentioning the cessie agreement between Bank Bali and EGP. On 29 March 1999, EGP issued two letters, authorizing Bank Bali to collect its loans and interest from BUN and BDNI on its behalf. On 9 April 1999, IBRA again rejected Bank Bali's claims, saying there needed to be an agreement from the finance minister and Bank Indonesia. On