Top Official Becomes Corruption Suspect: Musim Mas Group's Income

1
Reza Pahlevi 20/04/2022 11:50 WIB
Image Loader
Memuat...
Musim Mas Group Revenue (2016-2020)
databoks logo
  • A Small Font
  • A Medium Font
  • A Bigger Font

Musim Mas Group is one of the corporations implicated in the alleged corruption case involving palm oil export permits at the Ministry of Trade (Kemendag).

The Attorney General's Office (Kejagung) has named Musim Mas's General Manager, Togar Sitanggang, as a suspect.

Citing Musim Mas's 2020 sustainability report, the corporation recorded revenue of US$7 billion, or approximately Rp100.42 trillion (assuming an exchange rate of Rp14,351 per US dollar) in 2020.

This revenue remained unchanged from 2019, as shown in the graph. During the 2016-2020 period, Musim Mas's highest revenue was recorded at US$7.5 billion in 2018.

Besides Musim Mas, two executives from other corporations have also been named suspects in the alleged palm oil export case: Master Parulian Tumanggor, Commissioner of PT Wilmar Nabati Indonesia, and Stanley MA, Senior Manager of Corporate Affairs at Permata Hijau Group.

The Attorney General's Office also named Indrasari Wisnu Wardhana, Director General of Foreign Trade at the Ministry of Trade, as a suspect.

The Attorney General's Office found intense communication between these parties, allowing the corporations to obtain export permits without fulfilling the government's requirements.

"The suspects' actions resulted in economic losses for the state, namely the high price and scarcity of cooking oil, leading to decreased consumption by households and small industries that use cooking oil and making life difficult for the people," explained the Attorney General, as reported by Katadata.co.id on Tuesday (April 19).

Editor : Adi Ahdiat

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

Popular Data

Loading...