Court Short

The DPR decides whether or not the government may invest. The Government Investment Center could lose its independence.

August 7, 2012

The Constitutional Court's verdict on the purchase of 7 percent of Newmont's stock, shares totalling Rp2.1 trillion, is ambiguous and sends the wrong signal to the country's top institutions on how they should carry out their functions. The court recognized that this stock purchase was under the constitutional authority of the president, but also emphasized that its implementation must obtain the approval of the House of Representatives (DPR).

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