Indonesian Government to Check Lapindo’s Assets
Victim: We are actually tired of the promises.
Creditors of Bakrie Telecom have approved its restructuring plan, after it missed a November 2013 coupon payment on its US$380m 11.5% bonds due 2015, but some bondholders were unhappy that they were barred from voting.
The company has purchased land from the disaster victims. That land is used as collateral for the government.
Cabinet Secretary: The President has yet to consider [the sanctions] as the people have already been waiting for the compensation.
Vice President Jusuf Kalla affirmed on Wednesday that although the government planned to buy the assets of PT Minarak Lapindo Jaya, the company should still pay compensation to the victims of the mudflow.
Mr Bakrie’s motives are easier to understand. A wide body of opinion believes that without the chairmanship of Golkar, and its still-powerful influence over Indonesia’s political and business life, the tycoon is finished.
Scientists blame drilling activities by the company for triggering the eruption, but the government at the time decreed it a natural disaster.
Aburizal only needs to find effective ways to eliminate his potential rivals, including Prabowo, in the 2019 (indirect) presidential election.
House: We need to make sure that those who caused the mud disaster take responsibility for what they have done.
Victims: We just want justice from the government and Lapindo Brantas
“Whereas in fact, President Susilo Bambang Yudhoyono personally promised to compensate every one of the victims of the Lapindo mudflow by February 2010, this has not happened in reality,” Tjarwadi, 68, a resident of Siring village, Sidoarjo regency, East Java.
The mudflow disaster shows the price we have to pay for allowing politics to blur efforts to mitigate disaster, which is a matter of humanity.
Scientists say the eruption of the Lusi mud volcano in Indonesia should be all but over by the end of the decade – much sooner than previous estimates.
I propose that Lapindo case could not be resolved by hit-and-run tactic; rather, I argue it should be cracked down from inside, the Trojan horse tactic. But, all in all, my subsequent question would be: who wants to be sacrificed by sent inside that Trojan horse, without being defeated by the enemy first?
Jakarta listed PT Energi Mega Persada, arm of the widely diversified Bakrie group, sealed a deal to acquire an oil and gas block in South Africa. Energi Mega announced on Friday that it had acquired a 75 participating interest in Buzi EPCC Block in Mozambique.
“Mainstream media outlets broadcast issues that are irrelevant and tend to be similar, such as whether or not the victims have received compensation,” Rere from Kanal News Room.
A fresh study of the Lusi mud volcanoes in East Java, which began erupting in May 2006, concludes that the disaster was caused by a natural phenomenon, but has been met with
A catastrophic mud eruption in Indonesia blamed on drilling by an oil company might instead have natural causes, new research suggests.
In 2006, the largest mud volcano on the planet was born when
TEMPO.CO, Jakarta - This year, Golkar Party chairman and presidential candidate Aburizal Bakrie is planning on settling the debts caused by the Lapindo mudflow in Porong, Sidoarjo. The party deputy chairman Agung Laksono