I do not undermine him, rather I am stating the facts that it will take a decade to rid of the corruption. Have a look at China's progress and you will still see corruption in a country which is supposedly communist!
When things matter these countries protect their own and their laws change. But if an Australian company was to screw over an Indonesian you can bet on them using our legal system for compensation.
If you want to mitigate the long term risk it would have been in GMC interest to have an Indonesian on board.
GMC Price at posting:
4.2¢ Sentiment: None Disclosure: Not Held