World Bank Director Ani

May 6th, 2010, in Business & Economy, IM Posts, by

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72 Comments on “World Bank Director Ani”

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  1. avatar deta says:
    May 18th, 2010 at 9:15 am

    - Expansion of funding to cooperatives
    - Expansion of state enterprises.
    - Tariff protection, tax breaks, sweetheart deals for Bakrie/Kalla/Bukaka group because they’re ‘pribumis’

    Haha… Bakrie/Kalla/Bukaka are hardly ‘pribumis’ if we see the shareholder structure.

    More fund to cooperatives? Which cooperatives? Small cooperatives in village areas or big cooperatives owned by big companies?

    Expansion of state enterprises? You mean increasing the monopoly in managing the country’s resources without improving the management and service?

    Ya, very promising this ‘ekonomi kerakyatan’.

  2. avatar Dikkiman Sujengkol says:
    May 18th, 2010 at 9:23 am

    Deta,

    Well, even Bakrie is of Arab descent, much less ‘pribumi’ than a ‘Benteng Cina’ person. Yeah, the whole thing is a scam to rip off public money for politically well-connected companies. Adi Sasono the coops minister in ’98 made a bid to rip off IMF money, but got punished in the political melee.

  3. avatar Oigal says:
    May 18th, 2010 at 9:37 am

    are hardly ‘pribumis’ if we see the shareholder structure

    Very true Deta, it would make very interesting reading to see the debt for equity swaps and other transactions over the past 18 months. Indonesians own virtually nothing of the so called pribumi owned natural resources, in fact they are now at the stage of paying chinese and others to plunder them, simply incredible. Even more amazing, Indonesians don’t seem to care more concerned about an Indian Dock worker. As I said before its like watching a train smash in slow motion.

    It is a real mystery to me how so many people still think some of these guys are in any shape or form actually good for nation.

    Still one has to be careful, dangerous game naming the most powerful man in Indonesia and defacto President.

  4. avatar Dikkiman Sujengkol says:
    May 18th, 2010 at 9:55 am

    Oigal,

    Not sure if Indonesians don’t own ‘anything’. There’s still the divestment laws and technically, oil and gas companies own nothing. They’re just contractors to Pertamina. Then there are the SOEs — Bukit Asam, for example, I think is # 3 coal producer, but haven’t checked lately.

  5. avatar Oigal says:
    May 18th, 2010 at 11:08 am

    Indeed that is true, however I think the really interesting issue is how they have restructured their debts and what are their real liabilities going forward. Just because your name is on the land title of your house doesn’t mean you own it. Not for one second we will ever really know.

  6. avatar Dragonwall says:
    May 30th, 2010 at 5:55 pm

    I am surprised then when she was elected to the Finance and with all the squabbling she still gets to the IMF. I suppose that was an easy way out for the Indonesian Government unlike Yusril Ihza Mahendra. How lucky she is.

    Well at least she had slapped those corrupt bastards many time over, so I give her the consolations, the least one can do.

  7. avatar Oigal says:
    May 30th, 2010 at 9:49 pm

    Did we see the latest S/Court decision re The Bakries and their tax compliance. S/Court ruled in Bakrie favour… Gee what a surprise!

  8. avatar dragonwall says:
    May 31st, 2010 at 1:34 am

    this is what happened when you have people like Gayus HaloMan Tambunan. Similar mass manipulation of tax to deprive the country of their shares makes an easy way out for Bakrie to get away with that easily in the Supreme Court but of course wihtout extra pelicin nothing works, I suppose the tax department should also offer similar pelicin for the Court to rule in their favor. It is relly pathetic. Imagine recently China just executed or sentences almost 3000 to life terms for corrupt officials. I suppose the Supreme Court judge should be also investigated for his part. I am sure they could start with those foreign banks along Sudirman. They tell a lot of tales. I didn’t understand how come people from Justice Department visiting banks during office hours.

    I will bet you not long after Bakrie will regain his position to become another rich man. Like they used to say “Ikan asin hidup kembali” Tasty.. How stupid of SBY to be used by people like him or shall we say another Yusuf Kalla in the making.

    I was not wrong when she was appointed as Finance Minister that this day will come and so unfortunate that she get away quick enough before Banks Century’s scandal could be further dug for more involvements.

    Susno blew one whistle too fast after climbing that high. Similar fate fell on to the KKO of Indonesia Navy who tried to expose Wiranto, Safrie Samsuddin and Prabowo during the 1998 riot involvements.

    When would Indonesia change for the better of tomorrow’s offspring. Like I said before, it takes another Soeharto to make Indonesia a better place to live but unfortunate thing is that people eye more on money than the future of the country. Just too bad.

    Sharia Law is getting closer despite assurance by SBY. We just wait and see.

  9. avatar Jen says:
    June 10th, 2010 at 2:11 pm

    ABOUT TIME.

    Yes Sri Mulyani, go running back, crying, to mother World Bank and help make it smooth for “Indonesia” (SBY, all the ministers and pejabats) to get more loans, funds, hutangs that Indonesians could never pay back in at least 7 generations to come..

    And I was being kind there, seriously we’ll never pay back all our debts :/

    SBY and his cronies are so smart to make us think that the economy is getting better when actually unemployment grows, manufactural & agrocultural industries are slowly dying from competition with the other emerging economies (China, Vietnam, India).

    Yes the GDP has risen but only because the rich is getting richer and the poor STILL getting poorer. 1% tambah kaya 99 % tambah miskin LOL

  10. avatar dragonwall says:
    June 10th, 2010 at 4:30 pm

    Indonesians should not look up but at those below the Number One (SBY).
    Those that is under SBY are the main culprits in Indonesia’s misfortune.

    Even the Secretary of State was implicated in money laundering and force to step down in disgrace further more he was the Minister of Justice. Just because he thinks that he was the Justice Minister he felt that he knows the law better to such extent he openly assist a criminal in laundering money corrupted from the Indonesians.

    Is he disgusting?

    He cause the oppurnity to arise for those Immigration Officers to openly help themselves to those visa payment meant for state coffer to run into their own pocket.

    He even bribe members of parliament in order for them to pass the Sharia Law.

    They are all those garbage swept under the rug not to be seen by the President. This is something most fearful in any administration.

    If not because of Zhu Rongji, China will never be tranformed into such glorious state of recognition in the eyes of the world.

    Take a look at the Shanghai World Expo and see the technology displayed to such awe and envy of many countries.

    Ani would be the last straw. If Indonesia instead of helping themselves choose to take the bait and prolong the illness and spread the disease then, it would not just be seven generations but many more generations to come, Indonesia will not be able to stand on its own two feet.

    FOrget about the natural resources because they are the main cause of Corruption, Collusion and Nepotism.

    Let see how she get along with the other two directors at the WB. I guess laughing all the way to the bank.

  11. avatar retarders says:
    October 21st, 2010 at 6:27 am

    Sri Mulyani looks like wayang…

  12. avatar diego says:
    October 21st, 2010 at 11:23 pm

    I guess dragonwall is out again to invite us playing “connect the dots” game:

    - Justice Minister of Indonesia
    - Zhu Rongji and Chinese Technological Advance that Awe the rest of the World.
    - Sri Mulyani Indrawati.

    Maybe I’ve missed several more dots?

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