JAKARTA (AFX-ASIA) – Government financial audit agencies have accused US-based Karaha Bodas Co of misrepresenting the cost of building a geothermal power plant in Java, which is at the centre of a protracted legal battle between Karaha and Indonesia’s state-owned oil and gas firm Pertamina. A government audit shows Karaha has been inconsistent in its…
INDONESIA: State audit agencies accuse Karaha Bodas of falsifying figures
Posted on August 5, 2002 by EnergyAsia