House members to summon Freeport's board of executives
Monday, July 10 2006 - 02:42 AM WIB
The head of the committee on Freeport, Rafiuddin Hemarung, said in Jakarta last week that the committee would hold a meeting with Freeport's board of executives on Tuesday (tomorrow).
"We don't know yet what to do with Freeport. We should first meet the company's top management and then make a recommendation on how to deal with Freeport's problems," he said.
The committee had earlier called for the need to carry out a comprehensive audit on the finance and the waste management system of the company which had been charged of causing a serious pollution on its mine waste or tailing.
A report unveiled recently indicated the state revenues from the company during the five year period were in shortage of $304 million, if the calculation was based on the company's financial reports.
According to the government's reports, the state revenues from Freeport from the period between 2000 and 2005 reached a total of US$1.2 billion. (*)
