AccessMyLibrary provides FREE access to millions of articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
Finance Ministry loses against BPK, House.
Byline: Hans David Tampubolon, The Jakarta Post, Jakarta
The Constitutional Court ruled against the Finance Ministry on Tuesday, effectively barring the government from acquiring shares in PT Newmont Nusa Tenggara (NNT) without approval from the House of Representatives.
The ministry's appeal, which was rejected by the court in a 5-4 decision, sought to overturn binding legal recommendations from the Supreme Audit Agency (BPK) after it found improprieties in the government's acquisition of a 7 percent stake in the nation's second biggest copper and gold producer.
The BPK concluded that the acquisition of the stake for US$246.8 million by the State Investment Agency (PIP) in May 2011 required approval from the House, as …
-
- INDONESIA: BARAMULI QUESTIONED OVER BANK BALI SCAM.
-
Magazine article from: ANTARA - The Indonesian National News Agency
March 9, 2000
700+ words
-
- Govt institutions to get budget rewards.
-
Newspaper article from: Jakarta Post
June 9, 2012
700+ words
-
- House Passes Financial Services Authority Bill
-
Magazine article from: ANTARA - The Indonesian National News Agency
October 27, 2011
700+ words
-
- Editorial: All Are Implicated
-
Newspaper article from: Jakarta Post
November 2, 2012
700+ words
-
- Govt submits financial crisis bill to lawmakers.
-
Newspaper article from: Jakarta Post
January 20, 2009
700+ words
