Word: energies
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Dates: during 2006-2006
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...dike built to contain the mud flow collapsed-the latest in a string of public debacles for the company, which is part of a conglomerate controlled by the family of Aburizal Bakrie, the country's influential Welfare Minister. In the past two months, Lapindo's corporate parent, PT Energi Mega Persada, has unsuccessfully attempted to unload the beleaguered mining business twice: first, to another Bakrie Group subsidiary for the princely sum of $2; then to the British Virgin Islands-based investment firm Freehold Group. The latter deal collapsed last week after a public outcry, with many Indonesians fearing that...
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