Ridwan Djamaluddin's Wealth Reaches IDR 16 Billion Without Debt, Here Are The Details

YOGYAKARTA - Ridwan Djamaluddin's wealth came under scrutiny after he was named a suspect in the alleged corruption case in the Mandiodo Block, North Konawe, Southeast Sulawesi. The Attorney General's Office made this determination and was immediately detained on Wednesday, August 9, 2023.

Ridwan Djamaluddin's wealth

As is well known, Ridwan is known as the Director General of Mineral and Coal of the Ministry of Energy and Mineral Resources who will serve from 2020 to 2023. Before entering retirement, on May 12 2022 he held concurrent positions as Acting (PJ) Governor of the Bangka Belitung Islands (Babel).

In addition, Ridwan also held the position of Commissioner of MIND ID Mining SOE Holding, but this position was removed at the General Meeting of Shareholders (GMS) on 16 June 2023.

Ridwan Djamaluddin's wealth is recorded in the Corruption Eradication Commission's (KPK) State Administrators Wealth Report (LHKPN). The report on the assets was submitted on February 20, 2023.

According to LHKPN records, Ridwan Djamaluddin's wealth for the 2022 period is IDR 16,629,308,203 which includes land and buildings, transportation, and movable assets.

Ridwan is recorded as owning land and buildings in several areas, namely Bangka, Jakarta, Bogor, and Batam with a value of IDR 5,080,000,000.

Meanwhile, Ridwan's means of transportation and machinery are the 1996 BMW 323, 2015 Toyota Agya, 2019 Toyota Voxy, and 2022 Toyota Avanza Veloz with a total value of IDR 815,000,000.

Ridwan is also recorded as having other movable assets of IDR 1,423,200,000, securities with a value of IDR 1,440,750,000, and assets in the form of cash and cash equivalents equivalent to IDR 7,870,358,203. Ridwan is also listed as having no debt. That way, when rounded up, Ridwan's assets reach IDR 16.6 billion.

Ridwan Djamaludin's Case

As previously mentioned, Ridwan Djamaluddin has been named a suspect in the Mandiodo Block corruption case, North Konawe, Southeast Sulawesi. The AGO also immediately detained the suspect Ridwan Djamaludin. He was taken to the Attorney General's Office, South Jakarta at 17.53 WIB with his hands handcuffed and wearing a pink Attorney General's detention vest.

In his case, Ridwan's role was to issue policies related to the Mandiodo Block which resulted in state losses of IDR 5.7 trillion.

In this case, the suspect Ridwan Djamaludin, who serves as Director General of Minerals and Coal, held a limited meeting on December 14 2021 which took place at the Office of the Director General of Mineral and Coal of the Ministry of Energy and Mineral Resources.

During the meeting it was decided to simplify aspects of the RKAB assessment of mining companies which had been regulated through the Decree of the Minister of Energy and Mineral Resources number 1806 K/30/MEM/2018 dated 30 April 2018.

"As a result of the reduction/simplification of the assessment aspect, PT Kabaena Kromit Pratama (PT KKP), which no longer has nickel deposits in its IUP Area, will receive a 2022 nickel ore mining quota (RKAB) of 1.5 million metric tons, as will several other companies. which is around the Mandiodo block," said Assistant for Intelligence at the Southeast Sulawesi High Prosecutor's Office, Ade Hermawan, in a written statement on Wednesday, August 9.

RKABS was sold by PT KKP and several other companies to PT Lawu Agung Mining in order to legalize nickel ore mining activities on land owned by PT Antam Tbk which does not have an RKAB and other PT Antam lands managed by PT Lawu Agung Mining.

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