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Pertamina—(Still) A Rat Hole

Tuesday, September 14, 2004

Rp200 billion disappears from a Pertamina subsidiary company. But new Pertamina Chief Widya Purnama should not stand alone.

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One month after taking over his new position, Pertamina Chief Widya Purnama made waves by announcing the disappearance of Rp200 billion from a subsidiary, PT Pertamina Savings and Investment. The case has been handed over to the police, and the President Director of Pertamina Savings has been suspended from work—without pay—until proven guilty or innocent.

A day later, in a hearing session at the House Commission on Mining

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