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Bakries, Brisbane Roar to Open Indonesian Academy
February 08, 2012

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DrDez
8:35am Feb 9, 2012

SBD.... no its OK for Indonesians such as Bakrie to invest overseas, even if his billion dollars spent in Nigeria could have created a million needed jobs at home... BUT on the reverse it is zionist imperialist western interventionism by the neocons that is stealing Indonesia's wealth when its in reverse... double standards? Yep, but its ok to screw the infidel and we need someone to hate here to prevent the masses focusing on reality

Sheesh...


DrDez
8:30am Feb 9, 2012

Jokoku

Citibank: 901 institutions hold shares which account to 62%

The most any hold is 3.92% -

FMR LLC 3.92%

Vanguard inc 3.77%

State Street Corp 3.68%

BlackRock NA 2.48%

JP Morgan 2.12%

On an individual basis the to 5 share owners are

Medina-Mora, Havens, Mills, Pandit, Leach - who own only a few % between them

The rest is held by mutual trusts

The point is its not just as simple as ownership with a crop like Citibank. Who owns it? well anyone who has an interest in any of the above I guess

West fall to East... I'm not really sure what you mean. It sounds like rhetoric sadly typical of Indonesian politicians - perhaps you could explain what you mean. Thanks in advance


Serigala-Berbulu-Domba
7:41am Feb 9, 2012

If the Bakrie Group was an Indonesian Chinese owned group, one would imagine that there would be the usual rants from posters as to why such group wasn't investing all of its money in Indonesia.

jokoku
5:42am Feb 9, 2012

It is just matter of time where west really fall to east. As more companies of west need to deal with their east counterpart. If you think citibank is a western company then you make big mistake. I heard KSA is currently thinking to buy IMF.


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The Bakrie Group will open a football academy in Jakarta using the expertise of its top-tier Australian club Brisbane Roar, it said on Wednesday.

The Bakrie Group, run by one of Indonesia’s richest and most powerful families, is the first Asian owner of an A-League club. It increased its controlling stake in the club from 70 percent to 100 percent on Monday.

It said on Wednesday that the deal not only buoyed the Roar but also aimed to improve football in Indonesia by giving local players a kick-start to international careers.

“What we’re doing is setting up an academy in Indonesia, and Brisbane Roar is going to be very much part of it,” Bakrie Group spokesman Chris Fong said. “Bakrie Football is setting up the academy using expertise, training systems and processes from Brisbane Roar.”

He said construction would start in the next couple of months and the school would be open later this year.

Brisbane joins a list of clubs owned by Pelita Jaya Cronus, the group’s sporting arm, including local club Pelita Jaya, Belgian second-division side CS Vise and S.A.D. Indonesia, a youth project in Uruguay.

Australian media has raised concerns about the team falling into the hands of a controversial family. ABC radio reported on Monday that “controversy isn’t new to the company,” citing accusations that drilling in 2006 by Bakrie Group subsidiary Lapindo Brantas caused a mud volcano in Sidoarjo, East Java, that has erupted continuously for almost six years. 

AFP