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CPO Plantations Sale

Under Fire

Tuesday, March 27, 2001

Many people are against the sale of the former Salim CPO plantations to Guthrie, but it will be difficult to cancel the transaction.

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TENSION between the government of the House of Representatives (DPR) is seemingly without end. In addition to Buloggate, the DPR still has several bullets with which it can attack the government—the latest of these is the sale of oil palm (CPO) plantations that formerly belonged to the Salim Group. The representative body considers the sale of these assets—managed by the Indonesian Bank Restructuring Agency (IBRA)—to be in direc

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