TheJakartaPost
Please Update your browser
Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.
Sri Mulyani in clear, say police
Former finance minister Sri Mulyani Indrawati was most likely not involved in corruption and money laundering cases regarding the selling of state-owned condensate, which involved the Upstream Oil and Gas Regulatory Special Task Force (SKKMigas) and refiner PT Trans Pacific Petrochemical Indotama (TPPI)
Change text size
Gift Premium Articles
to Anyone
Share the best of The Jakarta Post with friends, family, or colleagues. As a subscriber, you can gift 3 to 5 articles each month that anyone can read—no subscription needed!
F
ormer finance minister Sri Mulyani Indrawati was most likely not involved in corruption and money laundering cases regarding the selling of state-owned condensate, which involved the Upstream Oil and Gas Regulatory Special Task Force (SKKMigas) and refiner PT Trans Pacific Petrochemical Indotama (TPPI).
"For now there is no indication [of her involvement]. There are also no plans to question her again as her testimony was enough," National Police director for special economic crimes Brig. Gen. Victor E. Simanjuntak told reporters on Tuesday.
Sri Mulyani, current World Bank managing director and chief operating officer, was questioned at the Finance Ministry for 10 hours on Monday.
Investigators previously said she needed to be questioned as she had signed official approval of a payment method before a contract had been signed by TPPI and SKKMigas, implying that she had ordered TPPI's appointment.
However, Victor explained that Sri Mulyani told investigators that she signed the document based on a letter she received from SKKMigas, which indicated that it had already appointed TPPI to sell condensate domestically.
"Since a firm had already been appointed, she felt that the Finance Ministry had the responsibility to establish a payment method since it was the state's treasury," Viktor told reporters at the National Police in South Jakarta.
According to police investigators, TPPI collaborated with BP Migas, SKKMigas' predecessor, to market condensate in Indonesia. However, the firm never paid profits from sales to the government. Despite suspected foul play, BP Migas extended its contract with the firm.
TPPI had allegedly already lifted condensate more than 10 times before the contract was finalized in April 2010, after which BP Migas continued supplying condensate to the firm. The deal led to Rp 2 trillion (US$151 million) in state losses.(+++)
