KPK Reminds Foreigners Leading SOEs To Report Wealth And Can Be Convicted If Corruption

KPK spokesman Budi Prasetyo. (Tsa Tsia-VOI)

The Corruption Eradication Commission (KPK) reminds foreign citizens (WNA) who are directors and officials of State-Owned Enterprises (BUMN) to submit reports on assets of state administrators (LHKPN). They can also be punished if caught in corruption.

This was conveyed by the KPK spokesman Budi Prasetyo when asked about President Prabowo Subianto's statement stating that foreigners or expatriates could be SOE officials.

"Of course, it is a consequence of one of the obligations of the LHKPN. Because every state administrator has the obligation to report assets and assets in principle," Budi told reporters at the KPK's Merah Putih building, Kuningan Persada, South Jakarta, Thursday, October 16.

Furthermore, Budi also emphasized that foreigners who are high-ranking SOE officials can also be punished if caught committing corruption. The matter of judicial differences, he said, will certainly not be a barrier.

"We certainly have a lot of instruments to cooperate with related countries," he said.

"This includes for example if we look at the history of handling cases at the KPK, the case of the DPO Paulus Tannos, which is currently still in progress in Singapore," he continued.

As previously reported, President Prabowo Subianto allowed expatriates or foreigners to become BUMN leaders. The rules he said had been adjusted.

"I have changed the rules. Now expatriate, non-Indonesian can lead our SOEs. So I am very excited," Prabowo said in a dialogue with Forbes Media Chairman Steve Forbes, at the Forbes Global CEO event, Jakarta, quoted Thursday, October 16.

Prabowo further admitted that he had instructed the management of Danantara Indonesia to manage SOEs according to international business standards. The best talent to improve the performance of state companies must also be sought.

Meanwhile, Danantara Indonesia CEO Rosan Roeslani said PT Garuda Indonesia (Persero) Tbk was an early example of implementing the policy. Currently, he said, the company is indeed carrying out a massive transformation.

In the Garuda Indonesia EGMS which was held on Wednesday, October 15, shareholders appointed two foreign nationals (WNA) as directors of the airline company Garuda Indonesia.

They are former Green Africa Airways boss Neil Raymond Mills, appointed Director of Garuda Indonesia Transformation, and Singapore Airlines official Balagopal Kunduvara, appointed as Director of Finance and Risk Management of Garuda Indonesia.

"If we look at the example of Garuda, this is the first to have a 25-year career at Singapore Airlines. The second is that it has been a very, very long career at Iberia Airlines, in three companies or four other airlines. So that's what we are for the Chief of Transformation because a very significant transformation is needed from Garuda," he said when met in the South Jakarta area, Thursday, October 16.