Tuesday, August 5, 2008

Aburizal Bakrie - Rich man from indonesian


Coordinating Minister for People’s Welfare, Aburizal Bakrie, along with his family was proclaimed as the richest man in Indonesia in 2007 by Forbes Asia magazine.

Ical, short for Aburizal, toppled the position of Sukanto Tanoto, Grup Raja Garuda Mas boss, as the richest man in the republic. Last year, Forbes placed Ical and his family at the sixth position.

Bakrie’s family is undergoing the mudflow case in Sidoarjo, East Java. Hot mud has been flowing from the concession area of PT Lapindo Brantas—the Bakries’ affiliated company. In line with Presidential Regulation No. 14/2007, Lapindo must pay compensation of around Rp3 trillion. This is excluding the US$40 million (around Rp360 billion) which has already been disbursed.

However, the Lapindo tragedy did not affect Bakrie’s family business. Bakrie’s companies are still ongoing . Forbes even reported that Ical and his family’s income rose four times from US$1.2 billion (around Rp11 trillion) in 2006 to US$5.4 billion (around Rp50 trillion).

The Bakries have business in infrastructure, mining, property and telecommunication sectors. The largest contribution to the wealth was the increase of PT Bumi Resources—his coal holding company’s—share price. “The company’s share price rose 600 percent,” Forbes reported.

The complete report of Forbes will be launched on December 24. The Bakries’ spokesperson, Lalu Mara Satriawangsa, asked that the issues not be made a big deal of in the Forbes’ report. “The Bakrie family has pioneered the business in 1942. The process also has the ups and downs,” she told Tempo via telephone in Jakarta yesterday (13/12).

The victims of the mudflow in Sidoarjo who still remain in the evacuation camps were surprised on hearing the news of Bakrie as the richest man in Indonesia. “If they are the richest, there shouldn’t be any more reasons to delay the compensation process,” said Sunarto, coordinator of the mud victims, in Pasar Baru Porong, Sidoarjo, yesterday. “What’s so difficult is for him to provide new land for us,” he said.


from : http://www.tempointeraktif.com/

Related Posts by Categories



Widget by Hoctro | Jack Book

Your cOmment"s Here! Hover Your cUrsOr to leave a cOmment.