Indosat's Divestment Considered Violation of The Constitution

Monday, January 14, 2008

The government has been urged to take over PT Indosat from the foreign ownership and later on to establish it as a pure State Enterprise (BUMN) due to the divestment of Indosat in 2003 being presumed to have violated the Constitution, Decisions by People's Consultative Assembly, and laws. This has been insisted by Chairman of the Founding Council of Team For saving and Defending Indonesian Telecommunication Assets (Pepati), H Ismail SH, and Chairman Of Pepati, Ir Syahrul Akhyar, in a Meeting with Chairman of The National Awakening Party (FKB) Faction of RI House of Representatives (DPR RI), Effendy Choirie (Gus Choi) in the office of DPR/MPR in Jakarta on Tuesday. The divestment of Indosat's shares in 2003 has been presumed to have violated a number of regulations and involved some government official in that period. The release of Indosat's shares to the Singaporean telecommunication company has been considered by Pepati not only as a privatization or divestment, but also as a policy which has resulted in a threat to RI's security.

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