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KPK tells SOE executives to submit wealth reports

Corruption Eradication Commission (KPK) deputy chief Haryono Umar has asked State-owned Enterprises Minister Mustafa Abubakar to crack down on SOE executives who fail to report their personal wealth to the KPK

The Jakarta Post
JAKARTA
Tue, August 10, 2010

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KPK tells SOE executives to submit wealth reports

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orruption Eradication Commission (KPK) deputy chief Haryono Umar has asked State-owned Enterprises Minister Mustafa Abubakar to crack down on SOE executives who fail to report their personal wealth to the KPK.

The antigraft commission said that only 60 percent of about 141 state-owned companies nationwide had complied with a regulation requiring state officials to report their wealth to the KPK.

“We expect the SOE officials who haven’t submitted their reports to submit them by Aug. 17 at the latest. If they fail to comply with this deadline, then I dare those who have the authority to dismiss these directors,” Haryono said as quoted by detik.com on Monday.

Haryono added that the minister should also impose sanctions on those who were late in submitting their reports by postponing their promotions.

“The Administrative Reforms Ministry, for example, has issued a decree on the postponement of promotions and cuts for monthly incentives for those who have disrupted the administration improvement effort,” he said.

Mustafa said that as of Monday about 1,097 SOE executives had not submitted their wealth reports to the KPK. They have been told to fulfill that obligation before Aug. 17.

The minister added that as of Aug. 6, a total of 6,453 directors from 141 state firms, or around 84 percent, were registered to have submitted their wealth reports to the KPK.

To improve their compliance, the ministry has said it will cooperate with the KPK to become more proactive in informing SOE officials of their obligation to submit the wealth forms.

“We are now urging them to complete and then submit the reports before the deadline. We are upbeat that all of them will be able to meet the deadline,” he said.

He said board directors of 18 state-owned companies had submitted complete wealth reports.

Among them are PT Bank Rak-yat Indonesia, the Country Saving Bank, PT Nusantara Plantation II and IX and PT Indonesian Harbor.

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