Prabowo on Pertamina Corruption Case: 'We'll Defend People's Interest'

Tempo
26 Feb

TEMPO.CO, Jakarta - President Prabowo Subianto said the government is addressing the alleged corruption within state-owned oil and gas company, Pertamina, involving crude oil and refinery products management from 2018 to 2023, incurring state losses of about Rp193.7 trillion. 

"We’re taking care of it, we’ll clean it up and bring it to justice. We will defend the people’s interest,” said Prabowo after inaugurating bullion banks at The Gade Tower on Wednesday, February 26, 2025.

The Attorney General’s Office (AGO) has named several suspects in the case: Riva Siahaan as the President Director of PT Pertamina Patra Niaga; Sani Dinar Saifuddin as the Director of Feedstock and Product Optimization at PT Kilang Pertamina Internasional; Yoki Firnandi as the President Director of PT Pertamina International Shipping; and Agus Purwono as the VP of Feedstock Management at PT Kilang Pertamina Internasional.

Other suspects include Muhammad Kerry Andrianto Riza as the beneficial owner of PT Navigator Khatulistiwa, DW as the Commissioner of PT Navigator Khatulistiwa and also the Commissioner of PT Jenggala Maritim, and GRJ as the Commissioner of PT Jenggala Maritim and the President Director of PT Orbit Terminal Merak.

The head of AGO’s public relations, Harli Siregar, said investigators found indications that the suspects intentionally arranged policies to reduce domestic refinery oil production, thus requiring large-scale imports. However, according to the applicable regulations, domestic crude oil supply must be prioritized before importing from other countries.

"However, the suspects conditioned the outcome of the downstream optimization meeting to reduce the refinery's readiness, which resulted in the rejection of domestic crude oil by the contractors, ultimately leading to imports," said Harli on Monday, February 24.

The Attorney General's Office stated that in the procurement of refinery products by Pertamina Patra Niaga, Riva made purchases or payments for RON 92 fuel when in fact they bought RON 90 or lower. From these purchases, blending was then done at storage or depots to produce RON 92.

"Several unlawful acts have resulted in state financial losses of approximately Rp193.7 trillion," said Director of Investigation at the Attorney General's Office's Special Crimes Director (Jampidsus), Abdul Qohar, at the AGO Building in Jakarta on Monday night, February 24.

Abdul Qohar detailed the state losses from the alleged Pertamina corruption, including the crude oil exports that should have been used for domestic needs worth Rp35 trillion, as well as the purchase of marked-up crude oil and refinery products causing state losses of Rp11.7 trillion. Moreover, the illegal import policy also contributed to the increase in fuel subsidy costs in the 2023 State Budget, with losses amounting to Rp147 trillion.

Ade Ridwan Yandwiputra and Jihan Ristiyanti contributed to the writing of this article.

Editor’s Choice: AGO Finds Rp857 Million Cash During Raids on Oil Tycoon Riza Chalid's Houses

Click here to get the latest news updates from Tempo on Google News

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10