maaf email atau password anda salah

Kebon Sirihs Mysterious Shares

Tuesday, October 7, 2003

Just like Bulog and military foundations, there is strong evidence that the Bank Indonesia Employees Welfare Foundation (YKKBI) is just an excuse for senior officials to reap profits in an inappropriate manner. An audit by the Supreme Audit Agency shows that the more than Rp2 trillion funds YKKBI has placed in a number of investments have been gobbled up by a variety of inefficiencies. Corrupt and collusive practices that grow on fertile ground at the central bank offices in Kebon Sirih have made the fate of a number of its subsidiariesranging from a banknote paper factory to a potato plantationuncertain. It has been discovered that, in the money-laden projects that the foundation manages, the Kebon Sirih high officials turn out to possess massive mysterious shares.

arsip tempo : 172865327616.

. tempo : 172865327616.

THE important document was finally released. On August 6, the Supreme Audit Agency (BPK) published a report on the results of their audit on the Bank Indonesia Employees Welfare Foundation (YKKBI). Completed in the second semester of 2001, for some reason, for one and a half years, the document was kept in the drawers of a BPK senior official and was not included in the book on investigation results (see TEMPO June 9-15, 2003).

The results are tru

...

Subscribe to continue reading.
We craft news with stories.

For the benefits of subscribing to Digital Tempo, See More

The Best Choice

Rp 54.945/Month

Active for 12 Months, Rp 659.340

  • *You Save -Rp 102.000
  • *Guaranteed update of up to 52 Editions of Tempo Magazine

Rp 64.380/Month

Active Every Month Cancel Anytime

  • *Free for the first month if using a Credit Card

See Other Packages

Already a Subscribed? Log in here
To receive daily news by Email, Sign up for Tempo ID.

More Articles

More exclusive contents

  • October 7, 2024

  • September 30, 2024

  • September 23, 2024

  • September 16, 2024

Independent journalism needs public support. By subscribing to Tempo, you will contribute to our ongoing efforts to produce accurate, in-depth and reliable information. We believe that you and everyone else can make all the right decisions if you receive correct and complete information. For this reason, since its establishment on March 6, 1971, Tempo has been and will always be committed to hard-hitting investigative journalism. For the public and the Republic.

Login Subscribe