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Hatta Urges Chatib to Decide on Newmont

10 July 2013 00:59 WIB

Hatta Rajasa, pejabat sementara menteri keuangan, memberi ucapan selamat kepada menteri keuangan Muhammad Chatib Basri usai acara pelantikan di Istana Negera, Jakarta, (21/5). TEMPO/Subekti

TEMPO.CO, Jakarta - Coordinating Minister for the Economy, Hatta Rajasa, urged Finance Minister Chatib Basri to immediately make a decision on the divestment of Newmont's seven-percent stake. Hatta specifically asked for the stake to be bought by the local government of West Nusa Tenggara.

"Just give [the stake] to the local government--stop stringing this along. Hurry up and resolve it," Hatta said at his office Tuesday, July 9.

According to Hatta, the central government's plan to buy the shares was already rejected by the House of Representatives, the State Audit and the Constitutional Court.

"If the local government does not want it, just give it to a State Owned Enterprise," he said.

In many occasions, Finance Minister had refused to comment on Newmont's divestment shares, claiming not to have studied the matter.

ANGGA SUKMA WIJAYA




BKPM Believes Newmont Case will Not Affect Investments

23 Juli 2014

BKPM Believes Newmont Case will Not Affect Investments

The lawsuit filed by PT Newmont Nusa Tenggara would not affect
investment in the mining sector, says head of BKPM.


Newmont Maintains 15 Percent of Workers

8 Mei 2014

Newmont Maintains 15 Percent of Workers

Newmont decides to reduce its production activities and suspend
workers.


The Seven-Percent Problem, Don't Give Up on Newmont  

15 Juli 2013

The Seven-Percent Problem, Don't Give Up on Newmont  

Allowing the gold mine's shares to fall into the hands of the local government is

tantamount to give up on the state's interests.


Hatta: Govt Not Buying Newmont Shares

5 Juli 2013

Hatta: Govt Not Buying Newmont Shares

The cancellation of the plan is reflected in 2013 State Budget Amendment wherein
there is no allocation to purchase Newmont shares.


Newmont Shares Purchase Not in State Budget

2 Juli 2013

Newmont Shares Purchase Not in State Budget

The plan to buy Newmont shares is likely not to happen this year as the budget is

not included in the 2013 and 2014 State Budget Changes.


Newmont Share Purchase is the Government's Right  

28 Maret 2013

Newmont Share Purchase is the Government's Right  

Finance Minister Agus Martowardojo stated his objection if the government's plan
to buy the shares is fouled by a variety of reasons.