National Team to Handle TNIís Business
Wednesday, 18 October, 2006 | 17:47 WIB

Tempo Interactive, Jakarta: In order to handle the businesses of the Indonesian Military (TNI), the government is establishing a National Team for TNI Business Transformation.

This teamís duty is to handle the taking-over of businesses within the TNI.

According to Juwono Sudarsono, Defense Minister, the decision to establish this team was obtained after four ministries--the Defense Department, the Finance Department, the Justice and Human Rights Department and the State Owned Enterprises Ministry--discussed the matter with the State Secretary and the Cabinet Secretary.

ďThis is an ad hoc team,Ē said Juwono yesterday (17/10).
The main point of scrutinizing TNIís businesses, according to Juwono, is co-financing; incoming and outgoing transfers as also management structure.

ďIncluded in these criteria are only seven to eight companies,Ē he said.

Dimas A and Rieka R
_________________________ Indonesian Business and Investment News Aggregator