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INDONESIA: GOV'T TO FOLLOW UP ARTHUR ANDERSEN'S AUDIT ON PLN.
Jakarta, Dec 29 (ANTARA) - The Indonesian government is determined to take followup actions on the results of independent audits conducted in 1995-1998 on the performance of state electricity company PT PLN, a senior minister said.
Public accounting firm Arthur Andersen had found that inefficiency in PT PLN's management had caused the state to lose Rp5.26 trillion (more than US$6 million) a year, Coordinating Minister of Economy, Finance and Industry Kwik Kian Gie said here Wednesday.
Kwik said the Rp. 5.26 million did not include losses incurred because of inefficiency in 27 contracts PT …
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- INDONESIA: REFORESTATION FUND: MANAGEMENT INEFFICIENCY CAUSES $5.25B LOSS.
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Magazine article from: ANTARA - The Indonesian National News Agency
December 30, 1999
700+ words
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- PLN suffers Rp 5.26t in losses from inefficiency.
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Newspaper article from: Jakarta Post
December 30, 1999
700+ words
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- Kuntoro urges Paiton to revoke arbitration case.
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Newspaper article from: Jakarta Post
January 14, 2000
700+ words
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- Efficiency measures seen improving bottom line of SEOs.
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News wire article from: Asia Africa Intelligence Wire
March 14, 2003
700+ words
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- INDONESIA: PLN'S INEFFICIENCY COST REACHES RP5.26 TRILLION.
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Magazine article from: ANTARA - The Indonesian National News Agency
December 30, 1999
700+ words
