Pertamina—(Still) A Rat Hole

Rp200 billion disappears from a Pertamina subsidiary company. But new Pertamina Chief Widya Purnama should not stand alone.

September 14, 2004

One month after taking over his new position, Pertamina Chief Widya Purnama made waves by announcing the disappearance of Rp200 billion from a subsidiary, PT Pertamina Savings and Investment. The case has been handed over to the police, and the President Director of Pertamina Savings has been suspended from work—without pay—until proven guilty or innocent.

A day later, in a hearing session at the House Commission on Mining

...

More Articles