Slippery When Wet

There are several discrepancies—including charges of corruption, collusion and nepotism (KKN)—in the Cepu oilfield Technical Assistance Contract. Pertamina is now renegotiating and has demanded increased investment.

May 1, 2001

DURING THE last few weeks, senior Pertamina officials in Jakarta seem to have been suffering from the 'Ginandjar syndrome.' They have been ultra careful when signing contracts because if they make a wrong move, the attorney general's detention center awaits them. This has all come about because former minister of mining and energy Ginandjar Kartasasmita is charged with causing losses to the state through agreeing to an oil contract for PT Ustraindo

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