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Shares Subterfuge

Wednesday, May 18, 2011

The Finance Minister must not back down from buying Newmont’s 7 percent of its divested shares. The opposition from the DPR’s Finance Commission is baseless.

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THE House of Representatives (DPR) should support the government’s plan in controlling strategic assets. Therefore the opposition of the DPR Finance Commission to the government’s plan to acquire 7 percent of PT Newmont Nusa Tenggara’s divested shares is incomprehensible. This is particularly the case since the entire issue appears to have been systematically and consistently prepared over the last two months.

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