Rothschild Chides Bumi for Ex-Director’s Inter Milan Deal
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Nathaniel Rothschild said the investment in soccer club Inter Milan by a former Bumi Plc director who is due to return $173 million to the coal producer demonstrates the company’s inaction in recovering missing funds.
Bumi said in June it had agreed with Rosan Roeslani, a former board member and ex-chief executive officer of unit PT Berau Coal Energy, on the repayment in return for waiving any potential claims against him. A group led by three Indonesian investors including Roeslani this week bought a 70 percent stake in Italian Serie A team, FC Internazionale Milano SpA.