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Comments on other issues: Indian miner sues RI for $581 million
Indian technology: A number of Indian-made dump and mixer trucks are exhibited at the Indonesia International Motor Show 2013 at the Jl expo Kemayoran compound in Central Jakarta
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Indian technology: A number of Indian-made dump and mixer trucks are exhibited at the Indonesia International Motor Show 2013 at the Jl expo Kemayoran compound in Central Jakarta. Tata Motors is the biggest Indian car producer in Indonesia.(JP/R. Berto Wedhatama) (JP/R. Berto Wedhatama)
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span class="inline inline-center">Indian technology: A number of Indian-made dump and mixer trucks are exhibited at the Indonesia International Motor Show 2013 at the Jl expo Kemayoran compound in Central Jakarta. Tata Motors is the biggest Indian car producer in Indonesia.(JP/R. Berto Wedhatama)
Nov. 18, 2015
The Energy and Mineral Resources Minister announced on Wednesday that the India Metals & Ferro Alloys Ltd. (IMFA) had filed a Rp 7.7 trillion (US$581 million) claim against the Indonesian government in an international court over a mining operating dispute.
Heriyanto, the head of legal section directorate general of minerals and coal at the ministry, said the lawsuit had been filed at the Permanent Court of Arbitration in The Hague, the Netherlands, with IMFA claiming that overlapping mining permits in Kalimantan had disrupted their operations.
'The government is being sued because [IMFA] was unable to carry out its operations,' Heriyanto told reporters.
According to Heriyanto, IMFA holds mining business permits but cannot use them because they overlap with seven other permits across East Barito, Tabalong and South Barito.
'Its mining business license [IUP] has actually been issued by the East Barito regency in Central Kalimantan,' he said.
Your comments:
Good luck to them, highly doubtful they will get any return if they win. But it's good for them that they are trying.
Bilbobagging
These Indians would appear to be particularly unintelligent. The fact remains that the government encourages investment and is responsible for the mess. This is a problem with the impossible layers of government permits and lack of transparency.
Testing123456
It's not only having the law on your side, but being able to seek justice too. Big step forward.
Sorong
Big step forward for the CEOs. The TPP will only strengthen most American companies.
In Indonesia, it's probably about money politics between politicians and business players, Indonesia's justice system is not ready for anything like this
Simba1991
One can only assume there is a lot more to this than meets the eye!
The reported figures of 'Clean & Clear Permits' represent a mere 60 odd percent of issued permits, a statistic that the government should be totally ashamed of. Heads need to be served up on a silver platter for this gross negligence.
Bayview249
Another foreign business shafted by the government. I wonder if the ministry will acknowledge the findings by the International court.
Willo1246
The lawsuit has been filed in The Hague so the Dutch are obviously to blame for this!
BohongBohong
