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Wednesday, July 25, 2007
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Rokhmin Tries to Drag in Freddy Numberi
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Rokhmin Dahuri, who was sentenced to seven years imprisonment yesterday (26/7), tried to drag along Maritime Affairs and Fisheries Minister, Freddy Numberi, in the case of non-budgetary funds. After hearing the verdict, he questioned the Corruption Eradication Commission who has not yet examined Freddy Number—who replaced him as minister.
Rokhmin said Freddy also used the same non-budgetary funds for personal interest. “If Pak Freddy said he didn't know, so do I,” he said.
The Corruption Criminal Acts panel of judges sentenced Rokhmin Dahuri to seven years imprisonment in the case of collecting non-budgetary funds in the Fishery Department. The former minister was also fined Rp200 million, with a secondary sentence of six months of detention.
“The defendant was found having committed a corruption criminal act,” said the chairman of the panel of judges, Mansyurdin Chaniago. The verdict was one year more when compared to the prosecutor's charge. The verdict was also heavier compared to the verdict on former Fisheries Department Secretary General, Andin H. Taryoto, for the same case, that was 18 months imprisonment.
Earlier, Rokhmin also accused the Corruption Eradication Commission (KPK) as discriminating for not arresting Freddy. According to Rokhmin, Freddy used more non-budgetary funds than he, for example for the trip to Rome and house renovation.
KPK Deputy Chairman, Tumpak Hatorangan Panggabean, denied that he had acted discriminatingly. He stressed that the Commission already planned to summon Freddy Numberi in order to develop this case.
Freddy also disputed Rohmin's accusation. He acknowledged he had never ordered the fund collecting. “I was the one who stopped and re-arranged it,” he told Tempo some time ago. He also acknowledged that up to 2006, the fund collection was still going on. Therefore, “to cut the fund chain, I went through all my staff. I replaced the guilty ones.” (Koran Tempo, July 13).
Yesterday, Rokhmin asked for an appeal for the verdict that he called strange.
_____
tempo
Labels: Crime, Internet News, Money, People
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Regional Governments’ Funds Diverted to Capital Market
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The Financial Transaction Reporting and Analysis Center (PPATK) has signaled the existence of funds that belong to regional governments being distributed in the capital market industry.
These funds are for buying securities instruments, including bonds or promissory notes.
“We’ve already received the report,” Yunus Husein, PPATK Chairman, told Tempo in Jakarta last week.
He said he suspected that some of the funds were from project or government program budgets.
As the programs cannot be implemented yet, the funds have been diverted to the capital market.
“This could be to take advantage of the low budget absorption rate,” he said.
According to Yunus, the regional governments’ transfer of funds may be through cooperation with banks, especially regional development banks.
This is because the funds must be deposited first in the banking system before being transferred to the capital market.
“The problem is, we’re experiencing difficulties in monitoring when the funds already entered the capital market,” he said.
PPATK has not yet confirmed who the perpetrators are that have invested regional governments’ money in the stock exchange.
However, “the officials in charge may be involved as the transaction amounts are quite large,” said Yunus.
He said there was in fact no problem if the funds invested in the capital market were regional government officials’ personal monies.
However, he said, this is still need to be questioned.
“Where are the funds from?”
The Indonesian Corruption Watch (ICW) has in fact discovered placement of regional governments’ funds in the capital market.
According to Emerson Juntho, ICW’s Coordinator for Legal and Monitoring Division, this occurred due to the weak monitoring of funds usage in regions.
Emerson said the regional government’s funds were actually public funds, so any transfers to the capital market were clearly violations.
The use of the regional government’s funds, he said, could also involve corruption because, “Who receives the benefits?”
_____
tempo
Labels: Bank, Finance, Indonesia, Internet News, Market
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Tuesday, July 10, 2007
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Indonesia Urges Creation of Asia-Pacific Human Rights Commission
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Compared to other regions in the world, Indonesia believes that the Asia-Pacific region has been left behind in terms of upholding human rights. This is seen from the lack of a human rights institution at regional level.
Foreign Affairs Minister Hassan Wirajuda stated this when opening the 14th workshop of Cooperation for Promotion and Protection of Human Rights in the Asia-Pacific Region, Tuesday (10/7). “We're concerned because there’s been no joint cooperation mechanism,” said Foreign Affairs Director General for Multilateral Cooperation, Rezlan Ishar Jenie, reading the speech.
Hassan cited Europe that has a European Court of Human Rights; Africa with the African Commission on Human and People's Rights and also America with the Inter-American Commission on Human Rights and Court of Human Rights. He is certain that if there is a political will, such an institution can come to a realization.
In the meantime, the Foreign Affairs Minister is of the opinion that currently the human rights matter has undergone transition. In the 1980-1990 period, human rights are identical with individual and political rights as appeared in the issue of freedom of expression. The view of human rights is very much influenced by a liberal democracy tradition in Western countries.
However, later on developing countries viewed human rights from a social, economic and cultural perspective. It was seen that the poverty issue is a part of the human rights issue. “It is ironic because now there are still millions of people in the world who are living with an income below US$1 per day,” he said.
The workshop is an activity that has been carried out for the 14th time by the United Nations Office of the High Commissioner of Human Rights (OHCHR) in Geneva. Indonesia was the host of the second workshop in 1993. The workshop will discuss the main theme, 'Human Rights and Extreme Poverty'.
The workshop was opened by Indonesian Foreign Affairs Minister and Ms. Louise Arbour from OHCHR. Participants were government representatives, national commissions and non-governmental organizations (NGOs) from around 30 countries in the Asia-Pacific region. Representatives from special organizations, inter-governmental organizations, inter-regional governmental organizations and the United States Commission for Economic and Social Activities in the Asia-Pacific were also invited as observers.
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tempoLabels: Asia, Foreign, Indonesia, Pacific
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BI: No Need to Worry about Economic Crisis
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Bank Indonesia (BI) has stated that market players and the public should not worry about a potential second economic crisis spread by a number of world economic institutions.
“Now domestic economic conditions are fully under control,” said Burhanuddin Abdullah, BI Governor, in Jakarta last week.
“Even the position until midyear is still in surplus, so it can still be contractive,” he said.
The Government's Report on the First 2007 State Budget Implementation says that up to mid-June, there has been Rp23.6 trillion budget surplus or a rise of Rp9.7 trillion compared to the same period's surplus last year.
According to Burhanuddin, Indonesia's payment balance (NPI) surplus of US$3.7 billion in June, higher than the initial estimation of US$1.1 billion, also supports economic stability.
The payment balance surplus was not gained at the time before the 1997 economic crisis.
Then, NPI was in continuous deficit.
“Our NPI surplus only happened in 1952 during Korean war
and the 1974 oil boom,” said Burhanuddin.
The last factor, he said, was the economic institutional condition which is also stronger.
Based on BI's monitoring, the banking sector, which used to be a problem, in fact grew stronger.
“So there's nothing to worry about,” said Burhanuddin.
Last week, several institutions warned about the possibility of an economic crisis.
The World Bank, for instance, warned Indonesia about soaring hot money (short-term capital flow) to capital markets.
The flood of foreign capital coming into developing countries' markets and slight differences between domestic interest and international market interests can be very risky.
The Asian Development Bank has suggested Asian countries stay alert about a potential economic crisis like what happened ten years ago.
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tempo
Labels: Bank, Economy, Indonesia, Internet News, Money
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posted by ojack_djakarta
5:26 PM
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