ASIATODAY.ID, JAKARTA – The Corruption Eradication Commission (KPK) of the Republic of Indonesia has begun investigating allegations of corruption in the acquisition of shares in the French oil company, Maurel & Prom, by PT Pertamina (Persero).
This investigation became known from the investigative audit collaboration between the Corruption Eradication Commission and the Financial Audit Agency (BPK). The BPK has officially submitted the results of its audit to the KPK on Monday, January 15 2024.
Deputy Chairman of the Corruption Eradication Commission Alexander Marwata said that the case was still under investigation. The Corruption Eradication Commission collaborates with the BPK to conduct investigative audits on these acquisition activities.
“This investigation is related to the acquisition of an oil well in a country in Africa. It has been investigated for a long time,” said Alex, Wednesday, January 17 2024.
Based on the BPK’s official statement, the state auditor submitted an Investigative Examination Report to the Corruption Eradication Commission regarding investment activities in the form of the acquisition of the Maurel & Prom (M&P) company by Pertamina through its subsidiary, PT Pertamina Internasional Eksplorasi dan Produk (PIEP) from 2012 to 2020.
Based on the results of the examination, the BPK concluded that there were irregularities indicating criminal acts committed by related parties in investment activities from 2012 to 2020 at Pertamina.
The BPK found that the alleged state financial loss from the acquisition activity reached 870 billion rupiah based on the 2020 rupiah exchange rate of 14,500 rupiah per US dollar. However, based on the rupiah exchange rate per US dollar of 15,592 rupiah as of January 16 2024, the value reaches 935.52 billion rupiah.
“This resulted in indications of state financial losses to PT Pertamina (Persero) of at least $60 million,” as quoted from the BPK press release.
In addition to the audit regarding Pertamina’s acquisition of Maurel & Prom, the Corruption Eradication Commission and the BPK also collaborated in an audit of the calculation of state losses in cases of alleged corruption in the Indonesian Worker Protection System at the Ministry of Manpower, as well as alleged corruption in the procurement of liquified natural gas (LNG) at Pertamina.
Regarding the case of the Indonesian Worker Protection System, the BPK concluded that there were irregularities indicating criminal acts committed by related parties in the procurement planning process, selection of providers, implementation and payment of work results within the Directorate General of Workforce Placement Development of the Ministry of Manpower and Transmigration for the 2012 Fiscal Year. The state financial losses found amounted to 17.6 billion rupiah.
Then, the BPK also concluded that there were irregularities indicating criminal acts committed by related parties in the Corpus Christi Liquefaction LLC LNG procurement process which resulted in state financial losses to PT Pertamina (Persero) amounting to $113.8 million.
The deputy chairman of the BPK, Hendra Susanto, submitted the three audit results reports to the interim chairman of the KPK, Nawawi Pomolango.
“It is our hope that the two Reports on the Results of Examinations of State Financial Deviance can be utilized optimally in the prosecution and trial process of cases, and one Report on the Results of Investigative Examinations can be used to further process related cases to the investigation stage,” explained Hendra Susanto in his official statement, Wednesday. , January 16, 2024. (AT Network)
Check out other news and articles at Google News