Nothing to be Proud of

Jamsostek's investment in medium term notes is under the spotlight. A source of embezzlement?

April 27, 2004

DJOKO Sungkono, director of operations and services at PT Jamsostek was fired at the beginning of this month. A question quickly arose: was this a part of the "cleaning out" within the state-owned body, or was it a "cleaning out" of people who had been trying to put things right in Jamsostek? The question should be asked of the State Ministry for State-Owned Enterprises, as the body which is responsible for the insurance

...

More Articles