{
    "success": true,
    "data": {
        "id": 1379216,
        "msgid": "shareholders-meetings-1447893297",
        "date": "1998-06-01 00:00:00",
        "title": "Shareholders' meetings",
        "author": null,
        "source": "JP",
        "tags": null,
        "topic": null,
        "summary": "Shareholders' meetings In the present atmosphere of reform, Indonesia's mass media have been carrying advertisements about schedules of shareholders' general meetings. It may not be far wrong to assume that these advertisements are placed by companies belonging to family members of former president Soeharto and also to business tycoons allegedly enjoying facilities extended by officials in the old regime. Why have these companies decided to hold these meetings so suddenly?",
        "content": "<p>Shareholders' meetings<\/p>\n<p>In the present atmosphere of reform, Indonesia's mass media<br>\nhave been carrying advertisements about schedules of<br>\nshareholders' general meetings. It may not be far wrong to assume<br>\nthat these advertisements are placed by companies belonging to<br>\nfamily members of former president Soeharto and also to business<br>\ntycoons allegedly enjoying facilities extended by officials in<br>\nthe old regime.<\/p>\n<p>Why have these companies decided to hold these meetings so<br>\nsuddenly? It must be linked to a stronger demand that the assets<br>\nof the family members of former president Soeharto and also those<br>\nof certain government officials and business tycoons be returned<br>\nto the state because it must be assumed that they all have<br>\nacquired these assets through corruption, collusion and nepotism.<\/p>\n<p>Will these meetings be held to transfer or sell the companies<br>\nto other parties or to remove traces of the original ownership to<br>\ncertain other people? It must also be assumed that the old owners<br>\nwill have fresh money which may be transferred abroad or to<br>\nunknown third parties. In this way they can sell these assets<br>\nquickly, just like what has happened to the assets of BHS Bank.<\/p>\n<p>The government, therefore, must always be alert as otherwise<br>\nit will be taken caught off-guard. Thank God the Attorney<br>\nGeneral's Office will probe the assets of these people.<\/p>\n<p>So, supervision and monitoring must continue to be undertaken.<br>\nAll assets assumed to have been acquired through corruption,<br>\ncollusion and nepotism must be returned to the state and must not<br>\nbe allowed to disappear into thin air.<\/p>\n<p>Eddy Tansil is a case in point. Through practices of<br>\ncollusion, corruption and nepotism, he has got away with Rp 1.3<br>\ntrillion. He is still at large although it is said that we have a<br>\nspecially trained unit to deal with problems like this.<\/p>\n<p>GUS-TYANA<\/p>\n<p>Cikampek, West Java<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/shareholders-meetings-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}