Gold Corruption Case, Former GM Antam Charged With State Loss Of IDR 92.25 Billion

Former General Manager of PT Antam Tbk Abdul Hadi Aviciena/ANTARA/Agatha Olivia Victoria)

JAKARTA - Former General Manager (GM) of PT Antam Tbk Abdul Hadi Aviciena was charged with causing state financial losses of Rp92.25 billion in the alleged corruption case of buying and selling gold precious metals of PT Antam Tbk.

The Public Prosecutor (JPU) of the Attorney General's Office, Bagus Kusuma Wardhana, said that the state losses were partly due to Abdul not monitoring the implementation of stock opnames from the Pulogadung office in 2018, even though stock opnames had to be carried out regularly in all boutiques. Antam, including in BELM Surabaya 01, which in 2018 was experiencing a large increase in gold sales figures.

"Abdul's actions resulted in state losses in the physical shortage of Antam's gold in the Mulia Metal Gold Boutique (BELM) Surabaya 01 as much as 152.8 kilograms (kg) or Rp92.25 billion," Bagus said in a trial reading the indictment at the Jakarta Corruption Court. reported by ANTARA, Tuesday, August 27.

Apart from not monitoring the implementation of stock opnames, Abdul was also charged with never controlling the transaction worth more than IDR 2 billion that occurred at BELM Surabaya 01 in transactions from January 1 to December 31, 2018.

Since that period, Abdul has not controlled it by allowing the stock buffer in BELM Surabaya to be more than 20 kg, while the maximum limit for buffering the boutique stock should be 20 kg.

The prosecutor explained that one of the reasons for Antam's lack of physical gold at BELM Surabaya 01, was, among other things, due to Abdul who had approved the employer's request, Budi Said, which was conveyed by telephone only by a liaison or broker, Eksi Anggraeni, to fulfill the gold demand of 100 kilograms (kg) by violating the procedure.

In addition, Eksi has also received an illegal excess of gold from Antam in the amount of 94.66 kg worth Rp57.17 billion which was not officially recorded in the purchase invoice issued by BELM Surabaya 01, from the total finding of a gold stock shortage of 152.8 kg over Antam's gold stock opname which was carried out at BELM Surabaya 01.

The prosecutor told that at first, Abdul met with Eksi so that Antam could increase sales to meet the target achievement, but by violating the procedures in force at Antam.

This method was carried out by Abdul by involving Budi, Assistant Manager Marketing or Head of BELM Surabaya 01 Antam Endang Kumoro, General Trading and Manufacturing Service Antam Pulogadung as well as assistance personnel at BELM Surabaya 01 Antam Ahmad Purwanto, as well as Office Administration Section or BELM Surabaya Office 01 Antam Misdianto.

Abdul then agreed to Budi's request by telephone by Eli to fulfill the 100 kg gold demand which was carried out by violating procedures, where the request for gold opname by BELM Surabaya 01 should begin with Endang's request.

Endang's request, continued the prosecutor, should have been submitted through the system to the Antam Precious Metal Processing and Purification Business Unit (UBPPLM) in Pulogadung through Retail Manager Nuning Septi Wahyuningtyas.

Furthermore, based on Budi's request, Abdul illegally and violated the procedure for sending 100 kg of gold received by Budi together with Eksi through Endang, Ahmad, and Misdianto to BELM Surabaya 01.

In fact, based on the official invoice issued by BELM Surabaya 01, Budi's payment of Rp25.25 billion was a gold payment of 41.86 kg, so Budi received an excess of 58.13 kg of gold which was not paid.