PLN's bonus distribution

PLN's bonus distribution

From Tempo

It is unreasonable for state electricity company PLN to
distribute bonuses, though PLN's loss decreased by over half from
Rp 5.9 trillion in 2003 to Rp 2.02 trillion in 2004, which was a
very big success.

But the question is whether PLN booked a profit or whether it
just managed to cut its losses. It makes sense for a company to
hand out bonuses if it books a profit. But in reality this was
not the case with PLN.

Even if PLN's performance was good in that it was able to cut
its losses, instead of handing out bonuses the company should
have used the money to improve its infrastructure to provide
better service to the public.

PLN's power supply has to be rationed in several regions as a
result of its inadequate infrastructure. Therefore, in my view,
these bonuses are mere camouflage to hire graft at the state
company.

REZA PRATAMA
Bandung