State Losses Due to Tin Corruption Case Increase to Rp300 Trillion

Economics & Macro

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Nabilah Muhamad 30/05/2024 11:03 WIB

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The Indonesian Audit Board (BPKP) reports that the total state losses incurred from the PT Timah corruption case have increased to Rp300 trillion.

Details of State Losses Due to the Tin Corruption Case (May 2024)

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State Losses Due to Tin Corruption Case Increase to Rp300 Trillion

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Details of State Losses Due to the Tin Corruption Case (May 2024)

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The Indonesian Agency for the Supervision of Finance and Development (BPKP) has revised the total losses in the PT Timah corruption case from Rp271 trillion to Rp300 trillion.

BPKP's Deputy for Investigation, Agustina Arumsari, stated that the new figure was obtained after BPKP conducted a further study with six experts.

“In the context of natural resource and environmental balance sheets, the damage caused by illegal mining is a residue that reduces the overall value of environmental assets,” Agustina said in a press conference at the Attorney General's Office, as reported by *Katadata* on Wednesday (29/5/2024).

She explained that there are three main categories of state losses recorded by BPKP. First, the overpriced smelter rental by PT Timah, amounting to Rp2.28 trillion.

Next, the illegal tin ore sales by PT Timah to its partners, totaling Rp26.64 trillion.

Then, environmental damage resulting in state losses of Rp271.06 trillion. These losses across the three categories are based on the environmental impact, causing a decrease in land function.

IPB Professor and Environmental Expert Bambang Hero Saharjo, one of the experts involved by BPKP in calculating state losses, said that this measurement was conducted scientifically by taking samples from several mining locations.

Furthermore, BPKP also conducted a reconstruction and reviewed satellite imagery data to measure the extent of the losses incurred.

Separately, the Attorney General's Office for Special Crimes, Febrie Adriansyah, stated that the total state losses reported by BPKP will serve as the basis for the prosecutor's indictment and will not be included in the losses to the national economy.

“This is the real loss that the prosecutor must prosecute as state losses,” he said.

Editor : Erlina Fury Santika

"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."