Wealthy Indonesians set to win no matter who becomes president

United States News News

Wealthy Indonesians set to win no matter who becomes president
United States Latest News,United States Headlines
  • 📰 mining
  • ⏱ Reading Time:
  • 73 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 32%
  • Publisher: 53%

No 1 source of global mining news and opinion

A group of powerful Indonesian oligarchs gathered at a cafe in Jakarta last month in a show of support for Prabowo Subianto, underlining why the ex-general may be third time lucky in the upcoming presidential election.

Prabowo, a former son-in-law of the late dictator Suharto, sang along to Creedence Clearwater Revival during the meeting as he expressed his gratitude for their support. Emails seeking comment sent to Garibaldi Thohir through his company PT Adaro Energy Indonesia Tbk and to Erick Thohir through the Ministry of State-Owned Enterprises were not answered.As many as half of the 575 lawmakers in parliament have connections with the mining sector, according to the Indonesia Mining Advocacy Network, which investigates the crossover between officials and business.

“Jokowi has been very, very smart to make use of the elite concerns to serve his purposes,” Dinarto said. “It’s like going to a concert but using tickets that have already been used,” said Herdiansyah Hamzah, a constitutional expert at Universitas Mulawarman in East Kalimantan. “In the end, the presidential candidates are dominated by old people and certain parties.”Jokowi’s critics say he hasn’t helped. He’s been accused of defanging the anti-graft body that was probing his ministers and his government has passed laws limiting criticism of the president and public institutions.

Indonesia’s dynastic politics is “a big problem,” former vice president Jusuf Kalla said in an interview. “Even Suharto was good for 10 years,” he said. “When the children are still in school that’s good, but when they grow up and get to know the business — that’s the problem.”

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

mining /  🏆 449. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

IRS Could Collect Billions in Additional Taxes with New Crackdown on Corporations and the WealthyIRS Could Collect Billions in Additional Taxes with New Crackdown on Corporations and the WealthyThe Internal Revenue Service (IRS) could collect up to $561 billion in additional tax revenue between 2024 and 2034 due to new efforts to crack down on corporations and the wealthy. If lawmakers renew and expand the funding, that figure rises to $851 billion.
Read more »

Supreme Court to hear arguments over Trump's eligibility for 2024 ballotSupreme Court to hear arguments over Trump's eligibility for 2024 ballotFormer President Donald Trump's eligibility for the 2024 ballot is set to be considered by the Supreme Court.
Read more »

Webb Can Directly Test One Theory for Dark MatterWebb Can Directly Test One Theory for Dark MatterDark matter played a role in early galaxy formation and it may have been affected by supersonic interactions witih regular matter.
Read more »



Render Time: 2025-02-19 16:49:07