Accused Of Being Recommended By Gibran For Social Assistance Bags, Sritex's Shares Drop 2.11 Percent

The eldest son of Indonesian President Joko Widodo (Jokowi). (Photo: Instagram @gibran_rakabuming)

JAKARTA - Shares of PT Sri Rejeki Isman Tbk closed down at the close of trading today, Monday 21 December. The shares of the issuer coded SRIL fell along with the news linking the textile company to corruption in the social assistance or social assistance project carried out by Juliari Batubara.

Quoting RTI data, SRIL shares perched at the level of IDR278 per share. This figure is down 6 points or 2.11 percent.

Previously, SRIL shares opened at the level of Rp282, or 2 points lower than the closing position on Friday, December 18th. Last weekend, the company which is domiciled in Solo was closed at Rp284 per share.

Photo: Doc. RTI

Previously, Sritex was associated with the case of providing social assistance (bansos) which ensnared the Minister of Social Affairs (Mensos) Juliari Peter Batubara. Sritex was asked to provide around 1.9 million goodie bags or social assistance package bags from the Ministry of Social Affairs for the Jakarta, Bogor, Depok, Tangerang and Bekasi areas.

The recommendation for the procurement of social assistance packages is alleged to have come from the eldest son of President Joko Widodo (Jokowi), Gibran Rakabuming Raka. Gibran himself is an elected candidate for mayor of Solo who won more than 80 percent of the votes in the 2020 Pilkada.

Responding to this, Sritex's Head of Corporate Communication Joy Citradewi confirmed that his party received an order for goodie bags for social assistance (bansos) COVID-19 from the Ministry of Social Affairs (Kemensos).

However, Joy denied that the company's contribution to the social assistance program in the form of staples came from the recommendation of President Joko Widodo (Jokowi) 's son, the Mayor of Surakarta elected Gibran Rakabuming.

"It is true that we supply goodie bags for the Ministry of Social Affairs. For recommendations, none from Gibran," he said, when contacted VOI, Monday, December 21.

Joy explained that participation in the program started from a meeting between the Ministry of Social Affairs and the company. Unfortunately, Joy was unable to explain the number of orders and the value of the contracts that her party received with the government.

"Quality and contract value have a Non Disclosure Agreement (NDA). We are approached by the Ministry of Social Affairs for this fulfillment because there is an urgent need," he said.

As is known, the social assistance project received the spotlight after the Corruption Eradication Commission (KPK) appointed Social Minister Juliari Peter Batubara and four other suspects as recipients and givers of bribes related to the social assistance program for handling COVID-19.

The other four suspects in this case are, officials making commitments at the Ministry of Social Affairs (Kemensos) Matheus Joko Santoso and Adi Wahyono, as well as Ardian IM and Harry Sidabukke as private parties.

The KPK suspects Juliari to receive Rp10 thousand from each food package worth Rp.300 thousand per package. In total, the KPK suspects Juliari Batubara to have received Rp8.2 billion and Rp.8.8 billion.

As recipients, Juliari, Adi and Matheus were charged with Article 12 letter a or Article 12 letter b or Article 11 of Law Number 31 of 1999 as amended by Law Number 20 of 2001 concerning Eradication of Corruption in conjunction with Article 55 paragraph ( 1) 1st KUHP.

Meanwhile, as givers, Ardian and Harry were suspected of violating Article 5 paragraph (1) letter a or Article 5 paragraph (1) letter b or Article 13 of Law Number 31 Year 1999 as amended by Law Number 20 Year 2001 regarding Corruption Eradication.