Subsidies Intentionally Inflated?

The BPK has discovered that fuel subsidies have been inflated by Rp3.64 trillion. Has state oil & gas company Pertamina become nothing more than a political commodity?

October 18, 2005

IT seems that PT Pertamina has never been able to avoid the amount of problems that it has to face. Having been hit by shortages and the jump in fuel prices, the state-owned oil & gas company is now facing another new problem: accusations regarding the inflation of fuel subsidy costs.

These latest charges originated from Pejompongan, Central Jakarta, where the Supreme Audit Agency (BPK) has its office. I do not understand why people do not believe

...

More Articles