Krakatau ‘Steal’
There is a real tumult over the share privatization of PT Krakatau Steel. The sales price is considered too low. There are also problems over the allocation of shares being chaotic and disordered. Is this because politicians are in any way involved?
November 10, 2010
THERE were no days off at the end of last week for the head of Bahana Securities Eko Yuliantoro. On Saturday afternoon, two weeks ago, SOEs Minister Mustafa Abubakar invited him to join a meeting with CEO of Krakatau Steel Fazwar Bujang and his Finance Director Sukandar plus other members of the board of directors in his office at Jalan Medan Merdeka Selatan, Jakarta.
The agenda was extremely important, discussing revisions to the sales price of
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