The Seven Percent Stake Saga

The Constitutional Court ruling last week was a telling blow for Finance Minister Agus Martowardojo. Five of the court's Justices in the panel of nine voted to halt the government's plan to buy the seven percent stake in Newmont Nusa Tenggara (NNT). Newmont runs Indonesia's second largest copper and gold mine in West Nusa Tenggara. The Court ruled that the government must seek approval from the House of Representatives (DPR) before such an acquisit

Subscribe to continue reading.
We craft news with stories.

For the benefits of subscribing to Digital Tempo, See More

The Best Choice

Rp 54.945/Month

Active for 12 Months, Rp 659.340

• *You Save -Rp 102.000
• *Guaranteed update of up to 52 Editions of Tempo Magazine

Subscribe

Rp 64.380/Month

Active Every Month Cancel Anytime

• *Free for the first month if using a Credit Card

Subscribe

See Other Packages

Already a Subscribed? Log in here
To receive daily news by Email, Sign up for Tempo ID.