Report unsubstantiated: Editor

Report unsubstantiated: Editor

The report that people close to the ruling Indonesian
Democratic Party of Struggle (PDI Perjuangan) had injected fresh
funds into national daily Republika was unsubstantiated, The
Jakarta Post chief editor Raymond Toruan said Thursday.

"The news report is not only unsubstantiated but also
inaccurate," said Toruan, referring to a Post's news article that
the PDI Perjuangan, which is chaired by President Megawati
Soekarnoputri, had bought shares and injected fresh capital into
the daily.

According to the editor, the news article, which appeared on
the Post's front page on Thursday, was not supported by hard
facts and was not in line with the law on publicly listed
companies.

He also pointed out that from the view point of news
structure, the reference to the Republika daily should not have
been put in the news article.

"Although it was not intentional on the part of the Post, we
regret whatever negative consequences this news report has
caused," said the editor.