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Saving the Pension Funds

Tuesday, April 18, 2006

Hundreds of millions of rupiah in pension funds have been siphoned off in the Kemayoran scandal. The old ways seem to go on.

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IF someone can bring himself to deliberately steal pension funds without caring about the consequences, it is difficult to believe he has morals or a conscience. But this is what happened for more than three years when a company siphoned off funds from PT Dana Pensiun Perkebunan, a business unit that collected money from laborers working for PT Perkebunan Nusantara throughout Indonesia.

It started with a tempting offer to Dana Pensiun to invest in

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