http://www.thejakartapost.com/[EMAIL PROTECTED]&irec=0

Uncovered: 16 most corrupt state firms 


The Jakarta Post, Jakarta

State Minister of State Enterprises Sugiharto finally disclosed on Thursday 16 
state enterprises allegedly riddled with corruption, following demands from 
lawmakers who wanted to make the allegation widely known.

During a hearing with House of Representatives Commission VI for trade, 
industry and state enterprises, Sugiharto said he had submitted the report on 
the allegation to President Susilo Bambang Yudhoyono recently. 

The state minister said the graft included procurement kickbacks, unfair and 
opaque bidding processes, manipulation of financial reports and illegal fees. 

The allegations are based on an internal investigation conducted by the Office 
of the State Minister of State Enterprises using the companies financial 
reports as well as audit reports from the Supreme Audit Agency and the State 
Development Comptroller. 

The disclosure bolstered Susilo's campaign to combat corruption. State 
enterprises have long served as cash cows for unscrupulous officials as well as 
for organizations and political parties. 

By maximizing state enterprises' performance, the government expects to reap 
more proceeds to help plug the widening state budget deficit due to the fuel 
subsidy. 

Commission VI member Nusron Wahid said the government should identify what 
drove the losses and graft in the companies in order to be able to take the 
necessary steps in the future to address the problems. 

"We should identify the root of the problem. If it's mismanagement, the option 
is restructuring the management. If it's not, another options could be 
privatizing the firms," he said. 

Alleged corrupt SOEs


Companies Business


1. Bank Rakyat Indonesia Banking


2. Bank Mandiri Banking 


3. Bank Negara Indonesia Banking


4. Perusahaan Listrik Negara Power


5. Asuransi Jiwasraya Insurance


6. Perusahaan Gas Negara Energy


7. Indofarma Pharmaceutical


8. Rajawali Nusantara Indonesia Trading


9. Pupuk Kalimantan Timur Fertilizer
10. Angkasa Pura I Airport operator
11. Pelabuhan Indonesia II Seaport operator
12. Pelabuhan Indonesia III Seaport operator
13. ASDP Transportation
14. Djakarta Lloyd Shipping
15. Televisi Republik Indonesia Television station
16. Radio Republik Indonesia Radio station


Source: Office of the State Minister of State Enterprises 


[Non-text portions of this message have been removed]



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