Still Have To Pay IDR 90.7 Billion Formula E Commitment Fee, Jakpro: Agreement From The Beginning

President Director of PT Jakarta (Jakpro) Widi Amanasto (Diah Ayu/VOI)

JAKARTA - President Director of PT Jakarta Propertindo (Jakpro) Widi Amanasto confirmed that his party still had to pay an additional commitment fee of 5 million pounds, equivalent to Rp. 90.7 billion.

Widi said that the lack of commitment fee, which had previously been paid Rp560 billion through the APBD, had been included in the renegotiation agreement with Formula E Operation (FEO).

"It was an agreement from the start," said Widi when met at the DKI Jakarta DPRD Building, Tuesday, June 21.

Widi explained, in the renegotiation process that took place in mid-2021, the calculation of the Formula E commitment fee was set at 12 million pounds per year.

This figure is down from the nominal agreement before the renegotiation. Where, the commitment fee for Formula E must be paid by DKI in the amount of 20 million pounds.

So, in the planning of Formula E for 3 years, DKI had to pay 36 million pounds or equivalent to Rp. 653 billion.

Meanwhile, the DKI Provincial Government has paid a commitment fee for Formula E of IDR 560 billion from the 2019 and 2020 APBD. This payment was made before Formula E was postponed to 2022.

Then, the remaining Rp90.7 billion will be charged to PT Jakpro through company funds. According to the agreement, this lack of payment has a deadline of until the third year of Formula E, which is in 2024.

"From the first it was 12 (million pounds) per year. That was after being negotiated from 20 (million pounds) so much. The rest (Rp 90.7 billion) later (paid)," said Widi.

As is known, in the BPK examination report (LHP) on the 2021 DKI Jakarta Provincial Government financial statements, it was revealed that the commitment fee according to the results of the PT Jakpro renegotiation was not IDR 560 billion.

The BPK LHP revealed that the actual commitment fee was around Rp653 billion or £36 million. This was found by BPK in the revised feasibility study document which was compiled by Jakpro. However, the DKI Provincial Government and Jakpro have never previously disclosed this total commitment fee.

In the document, it is stated that there is still a lack of commitment fee payments of IDR 90.7 billion or the equivalent of 5 million pounds. The agreement is that PT Jakpro will pay for the shortfall from company funds. This is different from the commitment fee that has been paid in the amount of IDR 560 billion through the APBD.