Aburizal Bakrie

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Aburizal Bakrie


Golkar Party Chairman
Incumbent
Assumed office 
9 October 2009
Preceded by Jusuf Kalla

Coordinating Minister for People's Welfare
In office
7 December 2005 – 22 October 2009
President Susilo Bambang Yudhoyono
Preceded by Alwi Shihab
Succeeded by Agung Laksono

Coordinating Minister for Economy
In office
21 October 2004 – 6 December 2005
President Susilo Bambang Yudhoyono
Preceded by Dorodjatun Kuntjoro-Jakti
Succeeded by Boediono

Born 15 November 1946 (1946-11-15) (age 63)
Jakarta, Indonesia
Political party Golongan Karya
Spouse(s) Tatty Murnitriati
Children Anindya Noverdian Bakrie
Anindhita Anestya Bakrie
Anindra Ardiansyah Bakrie
Religion Islam

Aburizal Bakrie is an Indonesian entrepreneur and politician.

Contents

[edit] Family business

Bakrie was born in Jakarta on November 15, 1946. He attended the Bandung Institute of Technology where he obtained a degree in electrical engineering in 1973. In 1972 he entered the family business PT Bakrie & Brothers Tbk that had been founded by his father Ahmad Bakri; the conglomerate had prospered during the Soeharto regime.[1] The Bakrie group conducts business in agriculture, real estate, trade, shipping, banking, insurance, media, manufacturing, construction, and mining. Aburizal Bakrie is the oldest of four siblings and was the chairman of the family enterprise from 1999 to 2004. The Bakrie conglomerate went into debt after the 1998 Asian economic crisis and survived only after a refinancing process in 2000.[2] Thus the Bakrie family was able to maintain control over the conglomerate.

[edit] Public offices

In 2004 Bakrie was named to be the chief economic minister of Indonesia.[3] This appointment by a president who planned to fight corruption was viewed with some reservation.[4] Subsequently Aburizal Bakrie has been blamed for poor economic development and business nepotism. [5] After a reshuffling of the cabinet in 2005, he became the Coordinating Minister for People's Welfare.

Previous positions included the presidency of the ASEAN Business Forum for two consecutive terms from 1991 to 1995, and the chairmanship of the Indonesian Chamber of Commerce and Industry (Kadin) for two consecutive terms from 1994 to 2004.[3] As a member of the Golkar party Bakrie competed unsuccessfully to become Golkar's candidate for the presidency in 2004; eventually General Wiranto became the party's candidate.[6]

Currently he is elected as the chairman of Golkar party at 2009 Golkar Party Congress at Pekanbaru, Riau, Indonesia after defeating Surya Paloh, Yuddy Chrisnandi and Hutomo Mandala Putra.

[edit] Sidoarjo mud flow

In May 2006, a drilling hole at Porong, Sidoarjo that was conducted without protective casings by PT Lapindo Brantas, a mining company of the Bakrie conglomerate, started a continuous release of hot mud, a possible mud volcano, that made people homeless and threatens the local economy in East Java. While officially not running the family business since joining the cabinet, Bakrie received protests by environmentalists in view of the damage done by the company of his family.[7] The proposed sale of Lapindo Brantas for $ 2 to an off-shore company in September 2006 was seen as an attempt to reduce financial exposure for the Bakrie family.[8] President Susilo Bambang Yudhoyono "urged" Lapindo to pay Rp 2.5 trillion (about USD 250 million) to over 10,000 residents who had been dislocated by the mud flow.[9] As of June 2009, the residents had received less than 20% of the suggested compensation.

[edit] See also

[edit] References

[edit] External links

Political offices
Preceded by
Jusuf Kalla
Golkar Party Chairman
9 October 2009–present
Incumbent
Preceded by
Alwi Shihab
Coordinating Minister for People's Welfare of Indonesia
7 December 2005 - 22 October 2009
Succeeded by
Agung Laksono
Preceded by
Dorodjatun Kuntjoro-Jakti
Coordinating Minister for Economy of Indonesia
21 October 2004 - 6 December 2005
Succeeded by
Boediono