https://www.asiasentinel.com/politics/prabowo-subianto-presidential-campaign-sandiaga-uno-billions/


*Lacking ‘3Ms’, Prabowo’s Presidential Campaign Turns to VP’s Billions*

 December 17, 2018

By: Ainur Rohmah


Sandiaga Uno, the vice-presidential running mate of presidential candidate
Prabowo Subianto in Indonesia’s April 17, 2019 general election, has sold
shares in his company valued at more than half a trillion rupiahs (US$34.2
million) to finance their struggling campaign, which is running 20 points
behind that of President Joko Widodo.

In the meantime, Jokowi, as the president is known, is playing a populist
card by directing more funds to the poor.

Based on Indonesia Stock Exchange information, Sandiaga sold 17.05 million
of his shares in PT Saratoga Investama Sedaya Tbk in several stages in
December, pocketing Rp64.38 billion in money. The sales, in three stages,
were carried out on Dec. 6, 7 and 11 for 7 million, 5 million and 5.05
million shares, respectively at Rp3,776 per share.

Sandiaga still has 613.77 million shares in Saratoga, equivalent to 22.63
percent, valued at Rp2.32 trillion. His gradual sales over the past two
months are valued at up to Rp567.76 billion.

Before entering politics, Sandiaga was known as one of the richest
businessmen in Indonesia with a majority stake in Saratoga, a company
engaged in the infrastructure, consumer and natural resources sectors. In a
2018 list of the richest persons in the country compiled by Globe Asia,
Sandiaga ranked 85th with estimated wealth of US$300 million, down by
US$200 million from last year.



Sandiaga spent heavily to finance his nomination and that of Anies Baswedan
to defeat the incumbent Basuki “Ahok” Tjahaja Purnama for the Jakarta
governorship in 2017 in an election marred by racial and religious
undercurrents. Ahok is a Chinese Christian. Sandiaga left his position as
deputy governor a few months after being installed to take part in the
upcoming election as former general Prabowo’s running mate.

In a campaign in Purwokerto, a Javanese city 355 km south of Jakarta on
Dec.15, Sandiaga confirmed that he had sold his shares to finance the
campaign. “It is necessary for the public to know that the funds for the
campaign and others come from the sale of shares,” he said.

Sandiaga said raising large funds was no problem during the campaign period
as the campaign’s electability has improved to 40 percent based on his
team’s internal survey, a figure disputed by independent polls, which show
that Jokowi and his running mate, Muslim cleric Ma’ruf Amin, are favored by
53.2 percent of voters, with Prabowo-Sandiaga was 31.2 percent in November.
Undecides are at 15.6 percent.

Sandiaga said funds are necessary for campaign props such as posters to be
distributed to various regions, especially villages, where he is not widely
known. Nearly 186 million voters are eligible to participate in the
legislative and presidential elections across the vast archipelago.

“Whatever the cost needs, I will be all out,” he said. “Because right now,
we (based on internal surveys) have penetrated 40 percent. The expectations
of the community have been so great for us. We must not disappoint the
community,” he said.



In mid-November, Sandiaga acknowledged that, with no large-scale donors, he
and Prabowo were short of funds to run the campaign for the next five
months. Prabowo himself ran what is believed to be the most expensive
presidential campaign in Indonesian history in 2013, losing decisively to
Jokowi by 53.15 percent to 46.85 percent, with a record 69.85 percent of
voters going to the polls.

Since the campaign began on September 23, Sandiaga and Prabowo have spent
at least Rp34.5 billion, the majority from Sandiaga’s personal funds.

Sandiaga’s acknowledgment arose in response to an analysis by the
Indonesian Survey Institute (LSI) which stated that Prabowo would find it
difficult to dent Jokowi’s electability because of the loss of the 3 Ms;
money, momentum, and media.

LSI founder Denny JA said the current situation demands that Prabowo and
Sandiaga raise their spending given that they are running 20 percent behind
the incumbent.. “Even though we know Prabowo seems to have logistical
difficulties,” Denny was quoted as saying by detik.com at the time.

Jokowi’s position as incumbent is starting to deliver its benefits, given
that he has access to state resources to increase his popularity and is
supported by several media conglomerates such as Surya Paloh and Hary
Tanoesoedibjo. There has so far been no big momentum to erode his
electability.

“Moreover, there was awareness of the coalition party (Prabowo) to save his
own party to escape to the parliament,” Denny said “So I see Prabowo having
difficulty catching up to around 20 percent. “

*SBY cools his heels*

Former President Susilo Bambang Yudhoyono, the leader of the Democratic
Party, one of Prabowo’s party supporters, openly acknowledged that he is
more concerned with preserving his party’s position in legislative
campaigns than campaigning for Prabowo. In a November speech before his
sympathizers, SBY said only parties whose cadres became presidential
candidates benefited in the 2019 election.

The two parties that SBY referred to are Jokowi’s Indonesian Democratic
Party of Struggle (PDI-P) and Prabowo’s Gerindra Party, each using its
resources to push its members, Jokowi and Prabowo, as presidential
candidates.

“This 2019 election is held simultaneously, the presidential election
coincides with the legislative elections. The survey proves that political
parties that have presidential candidates benefit greatly,” SBY said.

It wasn’t until the campaign had been underway for three months before SBY
began to participate, actually asking the Gerindra Party not to force him
to campaign. “I have been a Presidential Candidate twice. I have never
blamed and forced the Chairman of my supporting parties to campaign for
me,” SBY wrote on his Twitter account on November 15.

SBY was an enthusiastic supporter of Prabowo before the former general
determined his potential companion at the end of July. At that time, SBY
announced that his party would unconditionally support Prabowo as a
presidential candidate. Rumors were strong that Agus Harimurti Yudhoyono,
SBY’s son, would be picked as a vice presidential candidate. When Prabowo
finally chose Sandiaga to accompany him, SBY’s enthusiasm reportedly cooled.

*Jokowi’s “Maneuver”?*

With Sandiaga selling shares to raise money, Jokowi countered with populist
policies, raising suspicions that he was maneuvering to smooth his steps to
win the election. Indeed, Jokowi will double cash handouts to the poor from
Rp19 trillion this year to Rp38 trillion (US$2.6 billion) in 2019.

The program, known as the Hope Family Program (PKH), is aimed at helping 10
million families in what is claimed as an effort to reduce poverty. The
funds will be given in four phases with the first two in January and April,
a month earlier compared to this year’s timeline.

Social Affairs Minister Agus Gumiwang Kartasasmita denied that the funding
is related to the president’s political interests. “It has nothing to do
with the political year,” Agus said, adding that the distribution of aid
was advanced so that recipients could enjoy assistance more quickly.

In 2019, Jokowi will also implement other populist policies such as
maintaining fuel prices and basic electricity tariffs, increasing civil
servants’ salaries, and accelerating the completion of infrastructure
development.

Although Jokowi’s position appears solid, he faces challenges related to
friction between his coalition parties. Chairperson of the United
Development Party (PPP) Romahurmuziy recently criticized the Indonesian
Solidarity Party (PSI) for issuing a statement that harmed Jokowi’s
candidacy.

“I appealed to my colleagues at PSI not to be a burden in connection with
its positioning strategy, (so that it appeared) the label that Jokowi was
anti-Islamic,” Romahurmuziy said.

The PSI recently surprised the public when its general chairman, Grace
Natalie, explicitly stated that her party rejects polygamy, provoking
community debate and positioning in the opposite to the conservative
Islamic PPP.

Jokowi has been the target of widespread rumors that he is anti-Islamic,
given that conservative lecturers have been arrested during his reign. He
is often rumored to be a member of the Indonesian Communist Party (PKI) and
said by his enemies to be an atheist, all of which he has been forced to
deny and which is considered to be the reason he picked an Islamic cleric
as his running mate.

Grace Natalie also issued a controversial statement that her party would
not support regional regulations (Perda) based on religion, such as Sharia
Laws and Gospel Regulations, but rather rules based on universal law.

That led critics to report her to the police on charges of having uttered
hate speech. Reports were filed by the Indonesian Muslim Workers
Brotherhood (PPMI) with attorney Eggi Sudjana, one of the figures who had
close relations with conservative Islamic groups.

Romahurmuziy said that the party’s statements are feared to be adding to
the anti-Islam issue against Jokowi. But the PSI denies the criticism,
saying that the ban on polygamy is only PSI’s policy –not the Jokowi-Ma’ruf
coalitions, and applied only for their cadres.

“PSI has the right to make binding rules for PSI management and cadres that
other political parties cannot comment on,” said PSI spokesman Guntur Romli.

Guntur believes the PSI’s policy will not affect Jokowi’s electability,
while anti-Islamic allegations are no longer relevant because Jokowi’s vice
presidential candidate is a cleric.

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