SOE Boards of Directors: Outsiders Welcome
Tuesday, March 12, 2002
No less than 10 candidates for Merpati's board of directors sat waiting to take the fit-and-proper test one afternoon in February. One of the candidates, Hotasi Nababan, said, "the fit-and-proper test was like an examination I once sat for a university degree." For nearly one hour, Bacelius Ruru, Secretary of the State Minister of State-Owned Enterprises (SOEs), and his team hurled question after question at Hotasi. Questions rang
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