Showing posts with label company. Show all posts
Showing posts with label company. Show all posts

Tuesday, August 9, 2011

Company distributed Rp 16 b to lawmakers: Witness

The Jakarta Post, Jakarta | Wed, 08/10/2011 9:30 PM

An employee of Muhammad Nazaruddin’s company testified that she distributed Rp 16 billion (US$1.87 million) to members of the House of Representatives to secure the athlete’s village development project for his company.

The testimony was given by Yulianis, deputy financial director of Permai Group, mother company of Nazaruddin’s business, before the Corruption Court on Wednesday.

She was presented as a witness for defendant Mindo Rosa Manulang, a marketing director of PT Anak Negeri, sa ubsidiary of Permai Group.

Rosa allegedly helped fix a bid to secure a contract for PT Duta Graha Indah (DGI) in a project commissioned by the Youth and Sports Affairs Ministry.

She was arrested red-handed along with the ministry’s secretary Wafid Muharam and marketing manager of PT DGI Mohammad El Idris when handing over bribes.

Yulianis said the money was distributed in several phases during April to September 2010. She said she disbursed US$1.1 million, Rp 3 billion and Rp 500 million to Wafid, Rp 150 to a person identified as Paulus, another Rp 50 million to Wafid, Rp 100 million for South Sumatra Public Works Agency and Rp 150 million to a person identified as Wesler.

She could not recall the other recipients.

Thursday, January 20, 2011

Oil company BP sees CO2 emissions rising to 2030

The Associated Press, London | Wed, 01/19/2011 9:05 PM | World

Oil company BP predicts that carbon emissions will continue rising for the next two decades although the rate of growth is expected to moderate.

BP's report on the world energy outlook, released Wednesday, also said oil consumption will continue to grow because of demand from newly industrialized countries, including China.

The report predicted that emissions would increase by 1.2 percent a year until 2030, lower than the 1.9 percent rate of the previous 20 years. It said that emissions from the OECD countries - the industrialized West - were expected to decline, but not enough to offset rising demand elsewhere.

BP believes oil will be the slowest growing fuel in years ahead, with faster increases in consumption of natural gas and biofuels.