Unbroken Broker Chain

Krakatau Steel lost hundreds of billions of rupiah in an ill-advised steel slabs purchase. Some question whether bad brokers had something to do with it.

April 30, 2013

Disappointed that his aspirations have not been addressed by PT Krakatau Steel Tbk's Board of Directors and Commissioners, Saifullah Majid did not stay quiet. Since last August, the head of organizational matters in the Workers Union Forum has rejected a plan to lay off 2,500 outsourced employees. A series of rallies have been conducted to oppose it.

Last Thursday, with 20 outsourced employees and Cilegon Steel Labor Union Federation members in t

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