Share Options

Politicians are opposing the administration’s plan to purchase shares divested by PT Newmont Nusa Tenggara. Finance Minister Agus Martowardojo’s decision to proceed with the transaction faces strong opposition from the DPR’s Finance and Energy commissions and lacks the support from the Joint Secretariat of Coalition Parties. Even the Ministry of Energy appears to be dragging its feet in approving the purchase.

June 15, 2011

ONE by one, each faction chairman of political parties supporting the current administration entered the office of the Joint Secretariat at Jalan Diponegoro 43 in Menteng, Central Jakarta, last week. That night, the secretariat, led by Democrat Party member Syarif Hasan, held an impromptu meeting with Finance Minister Agus Martowardojo to discuss the administration’s decision to purchase 7 percent of shares divested by PT Newmont Nusa Tenggara

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