The Riau Islands KPU Reminds Political Parties To Report The Beginning Of Campaign Funds

Rupiah illustration (photo: dock. Antara)

JAKARTA - The General Election Commission for Riau Islands Province (KPU Kepri) reminded political parties participating in the 2024 General Election to submit an initial report on campaign funds (LADK) which began with the creation of a special account for campaign funds (RKDK).

The Riau Islands KPU commissioner, Ferry Muliadi Manalu, stated that political parties can convey LADK to the KPU from 17 to 27 November 2023, or the day before the start of the 2024 election campaign on 28 November 2023.

"Parpol handed over some kind of initial bank account of their campaign fund report," Ferry quoted Antara as saying.

He said that the submission of LADK was an obligation for political parties participating in the 2024 General Election.

According to him, there will be strict sanctions for political parties that convey LADK beyond the predetermined schedule, which has the potential to be crossed out as participants in the 2024 General Election.

"The sanctions are indeed difficult, so political parties must convey LADK according to the set schedule," he said.

Ferry said that the funds in the campaign account will be used by political parties during the campaign period.

In addition, continued Ferry, political parties are also required to submit reports that the source of political campaign funds must be clear and have a certain nominal limit. Donations from individuals are limited to IDR 2.5 billion, while the company's largest contribution is IDR 25 billion.

"However, each political party is not limited to entering initial funds into campaign fund accounts," he said.

He continued, adding that political parties must also report the nominal amount of money that comes in and out of the campaign fund account, and will then be audited by the Public Accounting Office (KAP).

Ferry also explained that the LADK 2024 election report was aimed at making the KPU able to see the source of the political party campaign funds to ensure that they did not violate the applicable regulations.

He also emphasized that the source of campaign funds should not come from the government, the proceeds of corruption to foreign countries.

"If it's money from corruption, then it could be a finding on the alleged money laundering," said Ferry.