Energy Expert Values AGO's Decision To Leave 5 Confiscated Smelters Management To PT Timah Is Right

Energy economy expert from Gadjah Mada University (UGM) Fahmyxi

JAKARTA - Energy economy expert from Gadjah Mada University (UGM) Fahmyani supports the Attorney General's decision to hand over the right to manage 5 confiscated smelters to be managed by PT Timah Tbk.

"Out of legal cases that are not my domain, if the prosecutor's office has submitted it to be managed while the legal process is still ongoing, I think it is very positive," said Fahmy when contacted by VOI, Friday, April 26.

Fahmy said, the consideration of handing over the smelter management rights to PTB Timah is so that existing smelters are not 'employed' and their management capacity can be used to increase the added value of this commodity.

Moreover, he said, PT Timah also needed these smelters to process the yields of tin commodity mines so that there was no need to look for a replacement smelter for the 5 smelters confiscated by the Prosecutor's Office.

"In my opinion, it is very positive as long as the Prosecutor's Office allows it," he said.

Fahmy then compared this case with the Pertamina case which had caused the refinery to stop operating because of legal cases and took a long time and caused losses. For this reason, continued Fahmy, when the Prosecutor's Office allowed the management by PT Timah, the decision had to be greeted positively.

"Regarding the law outside my domain and I do not understand but the assumption that the prosecutor's office submits it to Timah will be better. The consideration is how the smelter can be used and is not unemployed, it is very positive because the added value is taken into account," concluded Fahmy.

Just so you know, the Attorney General's Office (AGO) of the Republic of Indonesia stated that five tin smelters in the Province of the Bangka Belitung Islands are still being managed, so that these assets are not damaged and have decreased in value.

"This confiscated asset is still managed in order to provide business and work opportunities for the community," said Head of the AGO's Asset Recovery Agency Amir Yanto after a closed meeting discussing the management of five tin smelters confiscated by the AGO in Pangkalpinang, quoted by ANTARA Tuesday, April 23.

He said that currently as many as 30 percent of the people in the Bangka Belitung Islands Province still rely on lead for their family's economy, so this mining must be legal.