BLBI Task Force Asked To Focus More On Execution Of Billing Rights On Obligors And Debtors Of People's Money Defenders

Chairman of Hidupkan Masyarakat Sejahtera (HMS) Center, Hardjuno Wiwoho. (Photo: Doc. Antara)

JAKARTA - The General Chairperson of Hidupkan Masyarakat Sejahtera (HMS) Center, Hardjuno Wiwoho asked the Bank Indonesia Liquidity Assistance Task Force (BLBI) to focus on executing the right to collect debts on obligors and debtors who have been deprived of people's money for decades.

Firm steps are urgently needed considering that they have absolutely no intention of completing their obligations to the state.

"I don't think this nation should submit to them (black conglomerate) which have clearly destroyed this nation. Remember, they suck people's blood through tax money that has been paid to the state. And when they are rich again, the people are ignored," said Hardjuno Wiwoho in Jakarta, Thursday, February 23.

According to him, one of the issues that have not been resolved so far is the alleged existence of state billing rights against the old owner of BCA, namely Anthony Salim, and his family from 1998 to 2023.

This problem became even worse after the government sold shares in BCA through a divestment program to the Farallon Capital consortium in 2002 at a very cheap share price due to the intervention of the International Monetary Fund (IMF).

"Why is there no one party who really has the courage to thoroughly investigate this BCA BLBI case. And I think this country cannot submit and lose to Anthony Salim and Cs," he stressed.

Previously, the Chairperson of the DPD RI, AA LaNyalla Mahmud Mattalitti, and three Deputy Chairmen namely Nono Sampono, Mahyudin, and Sultan B. Najamudin had issued a number of recommendations related to the work of the BLBI DPD RI Special Committee.

The second point of the recommendation emphasized that the BLBI DPD Special Committee found irregularities in the process of selling BCA assets from IBRA to new buyers. Meanwhile, in point three, the Special Committee for BLBI DPD RI found irregularities when BCA was managed by a team of directors appointed by the government.

"Based on the Master Settlement and Acquisition Agreement (MSAA) and the 2000-2004 BPK Investigation Audit, it is suspected that there was no less than IDR 198 trillion in personal guarantees," said Hardjuno.

Hardjuno regretted that the BLBI Task Force continued to cite figures of up to IDR 28 trillion for the confiscated assets of a number of obligors. In fact, the asset has not been sold. This has the potential to repeat the mistake of the Indonesian Bank Restructuring Agency (IBRA) when seizing the assets of the BLBI obligor.

"However, when sold, the price is not up to 10 percent of the initial value or guaranteed," he said.

Hardjuno again reminded the fourth recommendation point, the Special Committee for BLBI DPD RI which stated that the BPK audit findings regarding BLBI findings had not been followed up by the government. In fact, the results of the BPK audit related to the BLBI findings were suspected of indicating corruption.

"So it is more important that the Task Force focuses on the execution of billing rights so that the efforts they are doing are more effective and can provide returns for state losses," he suggested.

"And not hunting for assets and claiming to have secured tens of trillions in value. These claims actually seem artificial, because the confiscated assets are immediately evaluated, not based on the selling price which can be directly deposited into the state treasury," concluded Hardjuno.