Jakarta. Jakarta Governor Basuki Tjahaja Purnama said on Tuesday that he had found indications of further irregularities in the asset management of Jakarta Propertindo, following the recently completed restructuring of the city-owned property developer.

He added he had reported his findings to prosecutors, as well as antigraft watchdog Indonesia Corruption Watch.

The Attorney General’s Office in September last year named I Gusti Ketut Gede Suena, a former president director of the company better known as Jakpro, a suspect in a corruption case concerning the sale of 5,000 hectares of land in Pluit, North Jakarta, in 2012, at a price of Rp 68 billion ($5.1 million).

Suena allegedly sold the land without the approval of the Jakarta governor at that time, Fauzi Bowo, and for much less than the market value.

Basuki said another former Jakpro president director could also be named a suspect.

“He served as the president director of Jakpro before Suena. He ‘played’ with several assets,” the governor said, declining to name the former executive.

“We’ve reported this case to prosecutors and to ICW.

“We’re not feeling vengeful toward him. I don’t hate the person. I just don’t like what he’s done,” Basuki added.

He said the alleged irregularities were found during the restructuring of Jakpro, one of the biggest city-owned firms.

City Hall is currently evaluating the performances of all 23 companies owned by the Jakarta administration, amid plans to divest shares of the poorly performing ones, including taxi operator Ratax Armada and printing ink distributor Cemani Toka.

In an attachment to the 2015 Jakarta budget draft returned by the Home Affairs Ministry after evaluation of the document, the ministry reminded the Jakarta administration to stop providing financial support to three other under-performing companies: Dharma Jaya, an operator of slaughterhouses; hotel management services firm Grahasari Surya Jaya; and Haji Jakarta Hospital.

Only 10 of the 23 city-owned companies have regularly paid dividends to the provincial administration, according to Basuki.

He added that the divestment plans were unlikely to be completed this year.

“We won’t be able to do those this year because we have just finished restructuring Jakpro,” he said.

“I just changed Jakpro’s president director. I appointed a person from outside [the company to the position].”

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Source: The Jakarta Globe