The Noise Of Rp30 Billion Pertamina Credit Card Limits Revealed By Ahok, Observer: That's A Common Facility In SOEs

JAKARTA - State-Owned Enterprises observer from the University of Indonesia, Toto Pranoto assesses that the provision of credit facilities for SOEs leaders aims to make it easier to carry out business activities for the benefit of corporations.

"The goal is to make it easier for them to carry out business activities for corporate interests, such as banquets with clients in exploring partnerships, negotiations, business trips, and the like," said Toto Pranoto as quoted by Antara in Jakarta, Friday, June 18.

According to Toto, the provision of credit facilities for SOE leaders at the level of directors, commissioners to managers is common in corporations, including SOEs.

To that end, Toto suggested that credit card facilities for SOE leaders be maintained, as long as accountability and monitoring of their use are clear and transparent.

"My advice is that credit cards will still be used as a means of convenience for SOE leaders, then the number of card limits and accountability must be clear and transparent. The company's finances must be disciplined in monitoring the use of this card," he said.

Toto added that the board of commissioners as supervisors can also monitor the use of this credit card facility on a regular basis to prevent misuse.

Previously, the Ministry of State-Owned Enterprises revealed that credit card facilities in several SOEs were intended for corporate purposes, not for personal use.

Special Staff III of the Minister of SOEs Arya Sinulingga said that based on the results of monitoring in several SOEs, the use of the credit card was for the company's purposes not to use cash and also to be more controllable and transparent.

Arya also added that there was no limit for SOEs credit card facilities which reached Rp30 billion. The limit on the credit card only covers Rp50 million to Rp100 million, and the use is only for the benefit of the company.

It was widely reported that the President Commissioner of PT Pertamina (Persero) Basuki Tjahaja Purnama alias Ahok revealed that Pertamina's managers to directors and commissioners received a very large number of corporate credit card facilities.

The former governor of DKI Jakarta said that he as the President Commissioner of Pertamina received a corporate credit card facility with a limit of up to Rp30 billion.