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Thursday, July 24, 2014

President Susilo Bambang Yudhoyono was disappointment against PT Newmont step Arbitration lawsuit against the Indonesian government.

President Susilo Bambang Yudhoyono was disappointment against PT Newmont step Arbitration lawsuit against the Indonesian government.




This was stated by Minister of Economic Affairs Limited Chairul after meeting at the Presidential Office, Jakarta, Thursday (07/24/2014).

"Why? Because it destroys the sense of justice of the Indonesian nation," said CT.

CT said, PT Newmont assessed SBY does not respect the people of Indonesia. "Because they work on the country of Indonesia and Indonesian ancestor's birthplace," he said.

Previously, PT Newmont Nusa Tenggara (NNT) sue the Indonesian government to court arbitration. This step is done, Newmont protest the application of the Law on Mineral and Coal Mining (Mining) No. 4 of 2009.

Because the giant mining company intends to continue efforts to renegotiate with the government but still me-registers case in an international arbitration tribunal.

Head of the Investment Coordinating Board (BKPM) Mahendra Siregar said that the government would set up a step to assign a lawyer or legal team that will represent Indonesia in the arbitration process in PT Newmont Nusa Tenggara (NNT).

"With the team we had would be equally recommend arbitrator to represent Indonesia. This process continues," he said, Thursday (07/24/2014).

However, he explained that to date the government has not received good information from the International Center for Settlement of Investment Disputers (ICSID) or of PT Newmont Nusa Tenggara (NNT) regarding the withdrawal of the lawsuit.

"The Indonesian government has sent a reply letter to the ICSID, Newmont related demand to speed up the process of becoming the arbiter 30 days, I relayed the process, related to the lawsuit ICSID Indonesian government has conveyed a letter to the ICSID ICSID respond to letters about Newmont lawsuit," he explained.

From penuturannya known that the core of the Government submitted a reply letter to Newmont Indonesia, that the government does not approve proposal to shorten the setting process Newmont arbitrator, who asked to be 30 days.

"When we saw that, in the ICSID process is standard and there is the usual period. Was just filled. ICSID We've received a letter earlier and have responded," he said.

  Government ready to make counter-accusations of PT Newmont lawsuit in court Abritase. The government is currently preparing for the lawsuit in court.

Coordinating Minister for Economic Affairs Chairul said the technical team to face gugatandiketuai by the Head of the Investment Coordinating Board (BKPM), Mahendra Siregar, the lawyer will do to prepare.

Later, go CT, will use the services of the prosecutor in the country. "There, the Attorney General. Menkumham There inside, technical teams. Tp is the beracaranya abroad. Beracaranya When abroad, we have limitations in proceedings abroad.'s Why we appointed lawyer will also affiliated with the lawyer in our place for the hearing, "said CT at the Presidential Palace, Jakarta, Thursday (07/24/2014).

Therefore, he said, was immediate direction of the President signed Presidential Decree on the establishment of a team facing a lawsuit related later this Newmont.

"And the instructions of President is looking for the best lawyer, make sure that the Indonesian government in the face of Newmont win this," he said.

As is known, Newmont Indonesia has complained to the international high court. The government plans to sue PT Newmont Nusa Tenggara (NNT) to international arbitration if the parties Newmont withdrew its lawsuit.

Industry Minister MS Hidayat, the steps taken by the government is not independent of Newmont action lawsuit does not seek arbitration.

"Because Newmont has just registered a claim to arbitration, even though the government has prepared itself to negotiate again," said Hidayat.

Mining of PT Newmont Nusa Tenggara (NNT) has stopped since the month-long operation. Dismissal is due to the concentrate storage shed is full due to the ban on the export of concentrate according Mining Law No. 4 of 2009.

According to the Director General of Minerals, Coal Ministry of Energy and Mineral Resources (ESDM) R Sukhyar although mining activities cease not to the detriment of the country in the form of income.

Sukhyar explained, state revenues from the mineral sector and coal, 85 percent from coal, minerals whereas only 15 percent, indicating that the mineral is very small role. As is known, Newmont engaged in the mining of minerals.

"Contribution revenue from mineral and coal, 85 percent coal, 15 percent of the minerals, 15 percent of all the baseball felt it was not felt at all," said Sukhyar in his office, Jakarta, Wednesday (07/23/2014).

According Sukhyar, because state revenues from the mineral sector is small, then the processing and refining of minerals in the country could increase these quantities.

"Yes only 15 percent of basketball is big, because it could be a value-added contribution of the added income countries," he said.

Further he said, the state does not incur a loss if the mining company to halt production, natural resource reserves the article remains in the soil and not run out.

"There's nothing to lose, stuff that baseball is on the ground," he concluded.

The government finally gave a clear time limit warning related to PT Newmont Nusa Tenggara to withdraw lawsuit arbitrasenya. Newmont given a deadline until Monday, July 21, 2014 before the decisive steps taken by the government.

Coordinating Minister for Economic Affairs Chairul revealed, if the revocation until the time limit has not been done Newmont lawsuit, the government will stop the process of renegotiation.

"Later we love time on Monday. Revoked Otherwise, we will stop the negotiations," said CT when met at his office, Jakarta, Friday (07/18/2014).

Not only that, the government also plans to conduct counterclaim against mining giant Newmont if it insists on continuing the lawsuit.

"On Monday, the Ministry of Finance, Investment Coordinating Board, Ministry of Energy, Ministry of Trade, Ministry of Industry will gather to discuss. Behind We will sue because he also has many disadvantages for this," he said.

Separately, Head of the Investment Coordinating Board, Mahendra Siregar, who also is one of the leaders of the negotiating team said the government to temporarily halt the process of renegotiation with Newmont to suit arbitrasenya revoked.

"The bargaining process is paused until they pull the lawsuit," he explained. Okezone

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