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Stirring it Up—Again

Tuesday, December 24, 2002

Some DPR members are questioning Singapore Technologies Telemedia's win in bidding for Indosat. Yet the entire divestment plan had previously been discussed and agreed upon by the government and Commission IX.

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Criticism towards the victory of Singapore Technologies Telemedia (STT) in bidding for Indosat's 41.94 percent shares has been the main topic of public debate last week. The reaction in the DPR has been quite critical. Some members have even proposed that the entire bidding process be annulled, and this is truly bewildering. Protests from the DPR are nothing new, but calling for the government to cancel the deal is outrageous, given that th

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