Jakarta –
PT Timah Tbk stated its commitment to improving the governance of Indonesian tin mining and trading. This commitment was conveyed after the corruption case in the trading system of tin commodities in the 2015-2022 Tin Mining Business Permit (IUP) area became the spotlight.
“The company continues to encourage improvements in tin governance,” said Director of Finance and Risk Management of PT Timah Tbk Fina Eliani, quoted from Antara, Sunday (31/3/2024).
These improvements, said Fina, will be achieved through intensively securing assets and enforcing regulations, as well as community mining cooperation to reduce mining without permits in mining concession areas.
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Apart from that, Fina said that it would be consistent and committed to taking strategic steps to improve operational and production performance.
“Management develops strategies and policies to maintain sustainable company performance,” said Fina.
Currently, programs to increase production are still being carried out, such as opening new locations, increasing primary mining production capacity from mining equipment and processing equipment, renewing existing IUPs, conducting site surveys, and inventorying land ownership for opening new land mines.
“Apart from that, we continue to strive for sustainable efficiency programs from upstream to downstream,” said Fina.
Previously, the Attorney General’s Office (Kejagung) named and detained the 16th suspect in this case, namely Harvey Moeis, who is the husband of actress Sandra Dewi. The value of state losses due to environmental damage is IDR 271.06 trillion.
Sit Matters
In 2018, suspect ALW as Operations Director of PT Timah Tbk for the 2017-2018 period together with suspect MRPT as Main Director of PT Timah Tbk and suspect EE as Director of Finance of PT Timah Tbk realized that the supply of tin ore produced was less than other private smelter companies. This was caused by massive illegal mining carried out in the PT Timah Tbk IUP area.
Due to these conditions, suspect ALW together with suspect MRPT and suspect EE, who were supposed to take action against competitors, actually offered the smelter owner to cooperate by purchasing illegal mining products at more than the standard price set by PT Timah Tbk without going through a prior study.
In order to launch its action to accommodate this illegal mining, ALW together with MRPT and EE agreed to make an agreement as if there was cooperation in renting tin smelting processing equipment with smelters.
Harvey Moeis’ role in this case was receiving money from a private company involved in accommodating illegal mining activities in the PT Timah Tbk IUP area.
Harvey Moeis received the money from these private companies through PT QSE. The party from PT QSE who facilitated the flow of funds was Helena Lim, the manager.
The AGO said that Harvey Moeis gave instructions for companies that own smelters to set aside profits from the sale of tin ore purchased by PT Timah Tbk. The funds collected were then enjoyed by Harvey Moeis and the other suspects.
“Suspect HM instructed the smelter owners to release profits to the suspect himself, as well as other suspects who had been previously detained, under the pretext of corporate social responsibility (CSR) funds to suspect HM through PT QSE which was facilitated by suspect HLN (Helena Lim), ” said the Director of Jampidsus Investigations at the Attorney General’s Office, Kuntadi.
(aid/rrd)
2024-03-31 15:15:37
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