Revealing Riva Siahaan's Wealth Assets Of 18.9 Billion, Pertamina's Managing Director Is A Corruption Suspect

Riva Siahaan's Wealth (Instagram/pwpptppn2020)

The figure of Pertamina's Managing Director Patra Niaga, Riva Siahaan, is in the spotlight after being named a suspect in corruption in crude oil governance. As a result of this barbaric act, state losses are estimated at almost Rp200 trillion. So what is Riva Siahaan's wealth like and the row of assets?

"Some of these unlawful acts have resulted in state financial losses of around Rp. 193.7 trillion," said the Director of Investigation at the Deputy Attorney General for Special Crimes (Jampidsus) of the Attorney General's Office Abdul Qohar at the Jakarta Attorney General's Office, on Monday (2/2).

The Attorney General's Office has named Riva Siahaan as a suspect along with 3 high-ranking Pertamina officials and 3 leaders of private companies. For their evil actions, they were accused of violating Article 2 paragraph (1) in conjunction with Article 3 jo. Article 18 of Law (UU) Number 31 of 1999 concerning Corruption Crime jo. Article 55 paragraph (1) 1st of the Criminal Code.

With the amount of losses caused by this corruption case, many are wondering how much Riva Siahaan's wealth is.

Riva Siahaan served as President Director of Pertamina Patra Niaga after being appointed through the GMS on Friday, July 14, 2023. In that position, he replaced Alfian Nasution as the head of a state-owned company engaged in the trade, distribution and energy logistics sectors.

Based on data from LHKPN released by the KPK, Riva has a total net worth of IDR 18,993,000,000. This amount is recorded in the report submitted on March 31, 2024 for the period 2023.

Riva's wealth has increased significantly compared to the 2022 report which recorded a total of Rp9,349,599,578. Previously in 2021, he had a wealth of Rp5,280,000,000. In 2020, Riva Siahaan's wealth reached Rp4,179,000,000. In 2019, the total assets were still Rp3,113,338,000.

The following are the details of Riva Siahaan's assets as Director of Pertamina who was named a suspect:

Land And Buildings

Riva Siahaan is recorded as owning land and building assets with a total value of IDR 7,750,000,000:

Transportation And Machinery Equipment

He also has assets in the form of transportation equipment and machines with a total of IDR 2,900,000,000:

Other Movable Assets

Riva Siahaan also has another movable price of IDR 808,000,000

Securities

In addition, Riva Siahaan also has assets in the form of securities worth Rp. 1,500,000,000

Cash And Cash Equivalence

Riva also owns cash and cash equivalent assets of IDR 8,685,000,000

Debt

In addition to the abundant assets above, Riva is also recorded as having a debt of IDR 2,650,000,000

Actually, Riva's total assets are Rp. 21,643,000,000. However, because there is a debt of Rp. 2,650,000,000, the net worth is Rp. 18,993,000,000.

This is information regarding the assets of Riva Siahaan, the President Director of Pertamina, who was named a corruption suspect by the Attorney General's Office. The corruption action he took with the other suspects caused a loss of Rp. 200 trillion. Also read the Pertamina oplos Pertalite corruption case suspect to Pertamax.

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