The Government Is Asked To Be Transparent About The Source Of The Fund For The Purchase Of Vale Indonesia Shares

Member of Commission VII DPR RI Mulyanto. (Photo: Doc. ANTARA)

Member of Commission VII DPR RI Mulyanto asked the government to explain to the public about the source of the PT Vale Indonesia Tbk (INCO) share purchase fund.

Mulyanto said that after an agreement was reached regarding the share price of PT Vale, which was Rp. 3000 per share, the Government had to explain the source of funding for the purchase of shares.

This is important so that it is known which party will actually benefit from the purchase of the shares.

Therefore, Mulyanto urged the government to be open to the public as long as the money to be used to buy PT Vale's shares. Whether this is from direct debt, through the sale of bonds, PMN or other schemes.

"Don't let in the end we return to debt to foreign parties, which means that Vale's shares are again controlled by foreigners. If this happens, then the purpose of this vale share divestment does not reach the goals mandated by the constitution," Mulyanto told the media, Tuesday, February 20.

Mulyanto also asked the Government to officially convey the development of this divestment to the DPR so that the public can understand it well.

He asked the Government through the Minister of Energy and Mineral Resources and the Minister of SOEs to prepare various divestment funding schemes that benefit the community, not just brokering for the interests of a handful of entrepreneurs.

According to Mulyanto, according to the mandate of the Minerba Law, the obligation to divest 51 percent of the ownership of foreign mining companies is so that we consistently implement the constitutional mandate, that the earth and water are controlled by the state and are used as much as possible for the prosperity of the people.

"It has been more than 50 years that Vale's extensive mine in the three provinces of Sulawesi has been controlled by foreign parties and has produced benefits that are not very much for the community. In the future, we hope that the ideals of the constitution can be realized a little bit," concluded Mulyanto.