The Indonesian Chamber of Commerce (Kadin) Jakarta Hopes Transparency in Beneficial Ownership is Not Just for Taxes
Deputy Chairman of the Indonesian Chamber of Commerce (Kadin) DKI Jakarta Sarman Simanjorang said that his party would support the Indonesian government, which plans to issue a…
Ministry of Energy and Mineral Resources Rejects ‘Shadow’ Mining Investors
Jakarta, CNN Indonesia - The Ministry of Energy and Mineral Resources (ESDM) confirmed that it would reject all investment plans in the mining sector if the proposed beneficial…
Government Affirms Commitment to Combat Misuse of Beneficial Ownership
The government affirms its commitment to prevent and eradicate corruption and efforts to criminalize money laundering by combating the abuse of ownership of companies that receive…
KPK: Many Problematic Mining Companies Have Unclear Original Owners
Not only that, but many mining companies also owe it to the state. The value reaches the US $ 1.8 million or around Rp 23 trillion. The Corruption Eradication Commission (KPK)…
Presidential Regulation on Beneficial Ownership Launches End of the Year
Bisnis.com, JAKARTA: The government will immediately issue a Presidential Regulation (Perpres) regarding companies' beneficial ownership by the end of this year. Ministry of…
KPK: Anonymous Mining Companies Debt IDR 23 Trillion to the State
Jakarta - The Corruption Eradication Commission (KPK) Deputy Chairman Laode M Syarif said that the owners of many mines were not known. They owed the state Rp. 23 trillion for not…
Global Conference, a Number of Institutions Affirming Beneficial Ownership Transparency is a Very Strategic Issue’
Indonesia as part of the International community has a high commitment in the prevention and eradication of corruption as well as efforts to eradicate the crime of money…
Budi Gunadi is demanded to accelerate the formation of mining holding.
Jakarta: State-Owned Enterprises (BUMN) Minister Rini Soemarno appointed Budi Gunadi Sadikin to be the President Director of PT Indonesia Asahan Alumunium (Inalum) (Persero),…
The Public is Waiting for Legal Documents from the Government-Freeport Negotiations
After the government, through the Ministry of Energy and Mineral Resources (ESDM), announced that the negotiation agreement was reached with PT Freeport Indonesia (PTFI), the…
Concerns that the Divestment Fund will be Used to Build a Smelter
Jakarta: Researcher of Publish What You Pay Indonesia, Maryati Abdullah, is worried about points of agreement between the government and Freeport Indonesia. The concern is about…