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Monday, April 05, 2010

More Tax Violation Announced

Tempo Interactive, Monday, 05 April, 2010 | 12:25 WIB

TEMPO Interactive, Jakarta: State Audit Board has reported a tax violation at a regional state company in Kalimantan which also uncovered potentials of criminal offense as the agency found state losses in the case.

PT Kutai Timur Energy has tax arrears of Rp42 billion from its investments in private financial company, bank, and a government bank which inflict state losses of around Rp72 billion.

Member of the audit board Rizal Djalil said on Sunday (4/4) Kutai Timur Regional Administration in East Kalimantan through its regional company PT Kutai Timur Energi have failed to pay taxes form its investments in Samuel Sekuritas (Rp483 billion), Bank Mandiri (Rp21 billion) and Bank IFI (Rp72 billion) since 2008.

The Rp72 billion investments in Bank IFI have disappeared as the bank was liquidated early in 2008.

The Rp576 billion came from the sale of five percent of the regional administration stake in Kaltim Prima Coal, a company under Bakrie & Brothers’ Bumi Resources, after approval from regional parliament.

Legal representatives for PT Kutai Timur Energi Hamzah Dahlan protested the audit board for publishing its finding to the press, saying it should have been reported its inquiry result to the authorities instead of the press.

In East Java regency of Jombang on Sunday, The Constitution Court Chief Judge Mahfud MD told reporters there was a new tax fraud case report from a lawmaker. He refused to reveal the case which was reported on March 31st but said it also involves state institution. “Just wait, this one will be more spectacular than the Gayus Tambunan case.”

On Saturday (3/4) Director of Reform Institute, Yudi LAtif said the recent strings of high profile cases from the Jakarta twin bombings, conspiracy against the Corruption Eradication Commission, police role in Bank Century bail out case and tax farud should be more than enough to bring down the National Police Chief General Bambang Hendarso Danuri.

While a lawmaker from President Susilo Bambang Yudhoyono Democratic Party said the house’s Finance Commission is ready to revive the tax working committee to investigate Gayus Tambunan case and considers an inquiry committee on tax.

SG WIBISONO | MUHAMMAD TAUFIK | MUNAWWAROH | GUSTIDHA BUDIARTIE

Related Articles:

Constitutional Court chief hints at Rp 100b graft case

‘Big’ graft case to be revealed: Mahfud


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