WSKT Shares Expelled From The IDX BUMN 20 Index, Erick Thohir Calls There Are Andil Fraud Cases

JAKARTA - Meteri Badan Usaha Milik Negara (BUMN) Erick Thohir opened his voice about the shares of PT Waskita Karya Tbk, (WSKT) kicked out of the IDX BUMN 20 index.

He admitted that he had no problem with this.

IDX BUMN 20 is an index that becomes a reference for the price performance of 20 listed company shares consisting of BUMN, BUMD, and its affiliates.

Waskita's position is now replaced by PT Jaya Konstruksi Manggala Pratama Tbk (JKON).

According to Erick, the issuance of WSKT from IDX BUMN 20 is the aftermath of fraud or corruption practices within the company. In addition, it is part of WSKT's accountability for issued debt securities, but the company has not been able to intensify them.

"It's a freud case, how was it that at that time the debt or bond was issued, which had no responsibility, that's okay, that's part of the responsibility," said Erick at the Ministry of SOEs, written Wednesday, August 2.

For your information, Waskita Karya's shares are currently still on the Indonesia Stock Exchange (IDX) for delaying paying the 11th interest on sustainable bonds IV, referring to the letter of PT Kustodian Sentral Efek Indonesia (KSEI) No. KSEI-1184/DIR/0523 dated May 5, 2023 regarding the Postponement of the 11th Interest Payment of Shelf-Registered Bonds IV Waskita Karya Phase I 2020 (WSKT04CN1).

Erick also ensured that his party would solve the case that befell this BUMN. One of them is through the current financial restructuring scheme.

"We want us to fix this SOE together, I don't want to be proud, 'oh we are enough, already good with dividends given to the largest country in history Rp80.2 trillion,' said Erick.

In line with that, Erick admitted that his party would bring company officials to law enforcement if they were involved in a criminal act of corruption.

"And I continue to encourage the legal process in BUMN if there are corrupt leaders, we encourage them," he said.