Surprise from the Hot Seat

The head of Petral resigns suddenly creating a cloud of speculation.

January 9, 2007

IT seems that Pertamina Energy Trading Ltd (Petral) is never free from gossip. After being mired in various problemsfrom the disappearance of US$8.2 million from its coffers in 2003, to being the den of oil brokersthis Singapore- and Hong Kong-based Pertamina subsidiary is yet again beset by a problem.

Todays main star is Donny J. Subakti. Before the end of 2006, he surprisingly resigned from his position as Petrals President Director. The resigna

...

More Articles