Corruption Judge: Acquisition Of PT JN Loses Rp1.25 Trillion To The State

JAKARTA - The Panel of Judges at the Corruption Court (Tipikor) at the Central Jakarta District Court has determined a case of alleged corruption in the business cooperation and acquisition process of PT Jembatan Nusantara by PT ASDP Indonesia Ferry (Persero) in 2019 2022 has cost the state finances Rp1.25 trillion.

Member judge Mardiantos said state losses occurred as a result of the corruption of the three defendants who had benefited the owner and beneficiaries of PT JN, Adjie, worth state losses.

"The calculation of state losses uses the net loss method or net loss," said Mardiantos in a trial reading the verdict of the panel of judges at the Corruption Court at the Central Jakarta District Court, Thursday, November 20, as reported by ANTARA.

The three defendants are referred to, namely the President Director of PT ASDP for the 2017 period 2024 Ira Puspadewi, the Commercial and Service Director of PT ASDP for the 2019 period 2024 Muhammad Yusuf Hadi, and the Director of Planning and Development of PT ASDP for the 2020 period 2024 Harry Muhammad Adhi Caksono.

Mardiantos explained that the net loss was intended, namely the difference between the value paid or the ASDP obligation related to acquisition transactions with a fair value of all assets and obligations from PT JN.

He said the money paid by ASDP to PT JN was IDR 1.27 trillion, which included the payment of shares of IDR 892 billion and the payment of 11 PT JN affiliate ships worth IDR 380 billion.

However, he continued, there was a reduction in the value of state losses of Rp. 18.56 billion, which was an addition of the value of PT JN's shares of minus Rp. 96.29 billion and the fair value of 11 ships affiliated with PT JN based on the calculation of shipping engineering experts of Rp. 114.86 billion.

"Thus, the value of state financial losses that occurred was IDR 1.27 trillion minus IDR 18.56 billion, the equivalent of IDR 1.25 trillion," he said.

In this case, the three defendants were found legally and convincingly guilty of committing a criminal act of corruption that was carried out together, resulting in a loss to state finances worth Rp1.25 trillion.

Corruption acts were carried out by facilitating the implementation of Operational Cooperation (KSO) between PT ASDP and PT JN, thus enriching Adjie.

Thus, Ira was sentenced to 4 years and 6 months in prison and a fine of Rp. 500 million provided that if the fine was not paid, it would be replaced (subsidiary) with imprisonment for 3 months.

Meanwhile, Yusuf and Harry were sentenced to 4 years in prison each and a fine of Rp. 250 million each, subsidiary to 3 months in prison.

For their actions, the three defendants were declared to have violated Article 3 in conjunction with Article 18 of Law Number 31 of 1999 concerning the Eradication of Criminal Acts of Corruption as amended and supplemented by Law Number 20 of 2001 jo. Article 55 paragraph (1) 1st of the Criminal Code.

The case began with a business cooperation scheme (KSU) between PT ASDP and PT JN in 2019 which changed in the process of acquiring shares of PT JN.

In order to facilitate the implementation of KSU cooperation with PT JN, the defendants allegedly issued two board of directors decisions by adding provisions for exemption from requirements for KSU cooperation.

Then, Ira, Yusuf, and Harry entered into a KSU agreement to operate the ship between PT ASDP and PT JN before the approval of the Board of Commissioners and did not consider the risk of implementing the KSU with PT JN which was prepared by Vice President of Risk Management and Quality Assurance.