Bumi Resources Questions Motives of London Probe: Southeast Asia
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PT Bumi Resources said a probe by Bumi Plc, the London-listed shareholder founded by Nathaniel Rothschild, and subsequent “leaks” about the matter are an attempt to damage the Indonesian coal producer.
“The present situation is unfortunate and is an internal issue between a few shareholders who have chosen to go external, managing media through innuendo,” Bumi Resources Director Dileep Srivastava said in an e-mailed statement. “This appears to be an attempt to damage the inherent value of our business by orchestrating internal issues and leaking them publicly, for motives which appear dubious.”