Rolling Debts in the Fish Business
Monday, 27 June 2022
The Attorney General’s Office indicts two CEOs of a state-owned fisheries company Perum Perindo in a corruption case over mid-term notes. The government lost Rp121.4 billion and US$279,891.
AS the trade manager of the Strategic Business Unit of Fish Trade & Processing (SBU FTP) at the Indonesian Fisheries Public Corporation (Perum Perindo), Nursatrio’s job is to find a supply of fish from fishermen in line with consumer orders. Initially, he did not know that some companies that had placed orders had outstanding debts. “Superiors are usually informed if payment is not made,” said Nursatrio in the Jakarta Corrup...
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