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.
Popular Reads
Top Results
No results found. Please check your search term and try again
Can't find what you're looking for?
View all search results
Popular Reads
Top Results
No results found. Please check your search term and try again
Can't find what you're looking for?
View all search resultsN. Sumatra prosecutors receive Rp 113 billion from PTPN asset sales
The money was received from PTPN 2’s subsidiary, PT Nusa Dua Propertindo (NDP) for the development of Citraland housing estate.
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!
Land schemers: Two North Sumatra Prosecutor’s Office’s personnel escort two suspects ('center left, 'center right') after questioning and before they are returned to their detention center. The office named two former officials of the National Land Agency (BPN) as suspects for allegedly transferring some 8,000 hectares of land owned by state-owned plantations PT Perkebunan Nusantara (PTPN) I to a private developer. (Antara/Aris Rinaldi Nasution)
T
he North Sumatra High Prosecutor’s Office again received Rp 113 billion (US$6.78 million) of funds on Monday, allegedly money refunded from state losses due to alleged corruption involving the sale of land owned by state-owned plantation firm PT Perkebunan Nusantara (PTPN) 2.
The money was received from PTPN 2’s subsidiary, PT Nusa Dua Propertindo (NDP) for the development of the Citraland housing estate.
North Sumatra High Prosecutor Harli Siregar said that all state losses, which incurred from the sale of 93 hectares of land, out of a total of 8,077 ha, from PT NDP to with private developer PT Ciputra Land.
In October, prosecutors received Rp 150 billion from developer PT Deli Megapolitan Kawasan Residensial, an operational cooperation firm between PT NDP and PT DMKR.
“All state losses have been returned. The total losses in this graft case were Rp 263,435,080,000,” Harli told a press conference at the North Sumatra High Prosecutor’s Office on Monday.
Harli said the state losses occurred because PT NDP did not return 20 percent of the land under rights to use (HGU) certificates, as required when converting them into rights to build (HGB) certificates.
The plots of land being converted from HGU certificates to HGB certificates are in Tanjung Morawa, Helvetia and Sampali, in Deli Serdang regency.
