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Jakarta Post
The Jakarta Post
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Ex-Pertamina director, Karen Agustiawan, named corruption suspect

  • Gisela Swaragita
    Gisela Swaragita

    The Jakarta Post

Jakarta | Wed, April 4, 2018 | 06:50 pm
Ex-Pertamina director, Karen Agustiawan, named corruption suspect Suspect: The Attorney General's Office (AGO) has named a former director of state-owned oil company Pertamina, Karen Galaila Agustiawan, a suspect in a corruption case. (AFP/Bay Ismoyo)

The Attorney General's Office (AGO) has named a former director of state-owned oil company Pertamina, Karen Galaila Agustiawan, a suspect in a corruption case related to the company’s investment in the Basker Manta Gummy (BMG) block, Australia, in 2009. The graft case has reportedly caused  Rp 568 billion (US$39.7 million) in state losses.

As reported by tempo.co, AGO spokesperson M. Rum said Karen had been named a suspect alongside Genades Panjaitan, Pertamina’s chief of legal counsel and compliance, and Frederik Siahaan, the company’s former financial director.

The suspects are facing charges stipulated under Law No. 20/2001 on corruption.

The case emerged in May 2009 when Pertamina purchased a stake in the ROC Oil Company Ltd in Basker Manta Gummy Block, Australia.

During its assessment,  the AGO found that the investment had violated Indonesia's investment guidelines. The investment was also reportedly conducted without approval from the company’s council. (ebf)

 

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