Indonesian Political, Business & Finance News

Leadership dispute rocks retail group

| Source: JP

Leadership dispute rocks retail group

Three top executives of the Indonesian Retailers Association
said yesterday that the re-election of J.A. Sinungan as the
organization's chairman is illegal.

Sinungan, who is a commissioner of PT Inti Fashindo
International retail outlets and chairman of the group for over a
decade, was re-elected to the post during the organization's
congress earlier this month.

Hari Darmawan, the president of Matahari chain stores, as well
as Suryadharma Ali and Anton Lukmanto, both from the Hero chain
of supermarkets, said that Sinungan was elected in contravention
of the organization's statutes, which prohibits the repeated re-
election of its top executives.

They said that a number of prominent retailers, who were
involved in the congress, supported the move to unseat Sinungan.
(09)

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