Government Regulation No 77/2014 provides better details about divestment of shares in mining and coal companies controlled by foreign investors to the so-called Indonesian participant. In theory, the new regulation prohibits a repetion in the controversial divestment of PT Newmont Nusa Tenggara (NNT) shares to a consortium of local governments in West Nusa Tenggara (NTB) and Bakrie Group. Why?
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