"Jokowi Purchases Freeport Shares with Foreign Funds," said Prabowo's side

Liputan Net. The National Winning Body (BPN) Prabowo Subianto-Sandiaga Uno did not agree if President Joko Widodo's move to buy 51.23 percent of PT Freeport Indonesia's shares as proof that Jokowi was anti-foreign.

Prabowo-Sandi's BPN member Ahmad Riza Patria even accused Jokowi of being pro-foreign because the takeover of the shares used foreign funds.
"This is a foreign interest. It is said (the purchase of Freeport shares) that this evidence is not pro-foreign, it is actually pro-foreign because it is paid using global bonds," Riza said when met in Jakarta on Saturday.

The Deputy Chairperson of the House of Representatives Commission II said that Jokowi should be able to use national funding for this matter. Riza said that Jokowi could use the state revenue and expenditure budget (APBN), capital participation of state-owned enterprises (BUMN), local bonds, or community mobilization to buy Freeport shares.

"That is the principle if the president is trusted by the people. For those who are trusted by foreigners, this is for foreign interests," he said.
Previously, Jokowi announced the takeover of the majority of Freeport's shares by PT Indonesia Asahan Alumunium (Inalum). Inalum paid US $ 3.85 billion or around Rp. 56 trillion to Freeport McMoRan Inc. (FCX) and Rio Tinto for that.

Despite having a majority stake, the Indonesian Government still handed over management to Freeport McMoran.

"I am very confident that Indonesian engineers can, only we need to learn, one day I am sure our alumni can. Just need to learn from McMoran as the best proven underground mining operator," Inalum President Director Budi Gunadi said on Friday.

To finance the acquisition of Freeport, Inalum has issued global bonds of US $ 4 billion or around Rp58 trillion (exchange rate of Rp14,500). These global bonds are issued in four series with a choice of tenors from three to 30 years.

The bond issuance was carried out last month. Now Inalum claims to have pocketed US $ 4 billion and is ready to complete the takeover transaction of 51 percent of Freeport Indonesia's shares.

Komentar

Posting Komentar

Postingan populer dari blog ini

A Trader Suddenly Gives a Wallet Containing Money to Sandiaga Uno

Nasional Indonesia . Candidate for Vice President number 2 Sandiaga Salahuddin Uno visited Sodohoa Hygienic Fish Auction (TPI) and Mandonga Market, Kendari. They dialogue with millennials in one of the coffee shops in Kendari, Southeast Sulawesi (Southeast Sulawesi). Once arrived at the market, hundreds of people gathered to greet him. They are crammed to shake hands and take pictures with their idols.  Sandiaga was surprised when one of the traders at Mandonga Market, Masarifin took out his wallet from the back pocket of his pants and gave all of its contents to the 02 vice presidential candidate number. Before giving his wallet, Masarifin showed his identity. "I leave this wallet and its contents to Mr. Sandi so that the wallet of the market traders in Mandonga can be filled if elected with Prabowo Subianto to become president and vice president of 2019-2024," said Masarifin vehemently at the rice stall visited by the former DKI deputy governor, Monday In Masarifin's wa
Baca selengkapnya

Sandiaga Syndicate Development Not Up to the Village, Skip the Wooden Bridge

Warta jurnal . Through an Instagram account, candidate number vice president 02 Sandiaga Uno shared his experience video through a wooden bridge while campaigning in Tosora Village, Wajo Regency, Sulawesi, Wednesday. Sandiaga uses a Toyota Hiace car which is directed to be able to cross the wooden bridge safely. The width of the bridge is only enough for one car. The handle on the left and right of the bridge is only two wooden boards. The bridge is made above the river flow. When his car crossed the bridge, Sandiaga's head poked out through the window. "Wow, we need to build infrastructure," said Sandiaga, shaking his head after successfully passing the bridge. The information in the video further reveals Sandiaga's thinking about this. Sandiaga said he felt like he was in the movie 'Indiana Jones' by crossing the bridge. According to him, this is proof that infrastructure development has not yet reached the villages. In fact, Sandi said, infrastructure proje
Baca selengkapnya

2018 'Harvest' of KPK Arrests Regional Head Hand

Channel Nasional . 2018 may be called the year of corruption of regional heads. Throughout the year, at least until mid-December 2018, dozens of regional heads, both those who are still in office or have finished serving become prisoners of the Corruption Eradication Commission (KPK). Based on data from the KPK, from 2004 to December 2018 at least 106 regional heads have been named as suspects. The head of this region includes governors, regents and mayors, including representatives of regional heads. For this year alone, as many as 31 regional heads were snared through hand-held operations (OTT), investigations, case developments, and delegations of cases from other law enforcement officials. Cases that ensnare them also range from bribery, enriching themselves or other parties, gratification, and money laundering. The first regional head to be named as a suspect this year is Hulu Sungai Tengah Regent, Abdul Latif. The Working Party Party cadre was snared after being arrested through
Baca selengkapnya