Laksamana's Surprise Packages

Several SOE directors have been replaced very suddenly. But why has this been done when the companies they run are performing successfully?

December 4, 2001

APPARENTLY, Laksamana Sukardi is very busy changing the directors of State-Owned Enterprises (SOEs). In just one day, the State Minister for State-Owned Enterprises managed to replace four SOE directors and all at the same time. This happened on Friday, two weeks ago. That was when directors from PT Bio Farma, PT Semen Batu Raja, PT Batu Bara Bukit Asam and PT Perusahaan Gas Negara were replaced all at once. Because he is in charge of all SOE...

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