More Problems at Balongan?

There is some confusion over the Balongan transit terminal project tender, valued at half a trillion rupiah, and it is possible that Pertamina could end up losing tens of billions of rupiah.

July 16, 2002

WHEN one mentions Balongan, the word corruption will also almost certainly come to mind. Whatever actually happens, this refinery—a vital supply point to meet the demand for fuel in Jakarta and the province of West Java—stands out as one of the craziest cases of the embezzlement of state funds in the history of Indonesia's national oil & gas company, Pertamina. Attorney General Andi Ghalib once stated that the development costs o

...

More Articles