A Tale of Losses and Waste
Losses to the environment from the Freeport waste amounts to Rp185 trillion. The government must not wash its hands off the problem.
Wrapped up in the spirit of nationalism, now we know that the Freeport’s share divestment was a very costly one. After having to shell out Rp55.8 trillion to acquire 51.23 percent of the shares, the government now must deal with the massive environmental damage caused by improper management of tailings or mining wastes.
According to the findings of the Supreme Audit Agency (BPK) released in 2017, the losses from the environmental damages...