Indonesian Political, Business & Finance News

Manulife Indonesia case

| Source: JP

Manulife Indonesia case

Coordinating Minister for Economic Affairs Dorodjatun
Kuntjoro-Jakti's statement on an insurance company's case is not
wrong. Manulife Indonesia, which has been declared bankrupt by
the Jakarta Commercial Court, should serve as a very important
lesson.

The Canadian government has thus protested against the
controversial verdict.

The French ambassador to Indonesia, at a media conference in
Bandung, West Java, urged the Indonesian government to take a
firm attitude toward law enforcement in the country.

The U.S. Chamber of Commerce and Industry shares the French
ambassador's and Canadian government's view as well.

The presiding judge of the court that dealt with the case said
he did not agree with his two colleagues who handed down the
verdict.

It is thus high time for the government to launch a campaign
against corruption, collusion and nepotism, starting from our own
back yard, right up to the government itself.

-- Kompas, Jakarta

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