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View all search resultsHonggo Wendratno key to uncover condensate case: Expert
Economics and political analyst Ichsanuddin Noorsy said on Sunday the key to uncovering alleged corruption and money laundering cases in the selling of the stateâs portion of condensate, which involved the Upstream Oil and Gas Regulatory Special Task Force (SKKMigas) and refiner PT Trans Pacific Petrochemical Indotama (TPPI), part of the Tuban Petro Group, was in the hands of the latterâs owner, Honggo Wendratno
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E
conomics and political analyst Ichsanuddin Noorsy said on Sunday the key to uncovering alleged corruption and money laundering cases in the selling of the state's portion of condensate, which involved the Upstream Oil and Gas Regulatory Special Task Force (SKKMigas) and refiner PT Trans Pacific Petrochemical Indotama (TPPI), part of the Tuban Petro Group, was in the hands of the latter's owner, Honggo Wendratno.
'The key is HW [Honggo Wendratno],' he said as quoted by Antara in Jakarta on Sunday.
Ichsanuddin said it was suspected that when the case occurred, Honggo had close relations with the relevant government officials, which allowed TPPI to get facilities from the government.
'If HW did not have close relations [with the government], it was unlikely that he would have gotten the facilities,' he said.
Ichsanuddin also called the dominant role played by HW in determining the direction of TPPI's policies into question because most of the company's shares were owned by the government.
Investigators have named three suspects, identified only by their initials DH, HW and RP, in the condensate case. Of the three suspects, only HW has not yet been interrogated by investigators as he is still in Singapore.
TPPI was reported to have violated then Vice President Jusuf Kalla's policy. Based on the vice president's policy, TPPI was appointed as the implementing agency to sell the state's portion of condensate and, according to one of the requirements it had to fulfill, the refiner was forced to sell the processed condensate to state oil and gas company Pertamina. In fact, TPPI sold the condensate to other parties, both local and foreign companies.
The case began from now-defunct upstream oil and gas regulator BP Migas's policy to directly appoint TPPI to handle the selling of condensate for the period of 2009-2010 in October 2008. The work agreement between BP Migas and TPPI was finalized in March 2009.
It was estimated the condensate case triggered financial losses of around Rp 2 trillion (US$156 million) for the state. (ebf)(++++)
