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AFP
13-03-2025
- Business
- AFP
Video from money laundering raid falsely linked to Indonesia oil corruption case
"This is the safe where the money from the sale of Pertalite mixed into Pertamax is stored," reads the Indonesian-language text overlay of a clip posted on February 27, 2025 on the SnackVideo platform. It refers to names that Indonesia's state-owned energy firm PT Pertamina sells. The video shows several people dressed in red searching a room where they find cash inside cardboard boxes and suitcases. Image Screenshot of the false SnackVideo post, taken on March 12, 2025 Indonesia's attorney general's office said on February 25 it had arrested executives from subsidiaries of PT Pertamina in an alleged $12 billion graft case (archived link). The suspects are accused of working together between 2018 and 2023 to import crude from overseas suppliers at higher prices rather than source it domestically as mandated by Indonesian law. The case also involved a petrol blending process that is "not permitted", according to the attorney general's office (archived link). The video has racked up more than 300,000 views in other posts on SnackVideo and TikTok. But the video shows cash seized from a company investigated for money laundering, AFP reported in an earlier fact-check, after the clip was misrepresented as a bribery raid. A keyword search on YouTube found corresponding footage from a press conference posted on the channel of the Attorney General's Office on October 3, 2024. Its title says: "Seizure of cash amounting to 372 billion Indonesian rupiah related to the case of PT Duta Palma Corporation" (archived link). A news report from Indonesian channel Metro TV on the same day also included a similar video of the search operation (archived link). According to the report, a series of raids by the office at the properties of the Duta Palma Group, a corporation involved in the palm oil plantation business, led to the seizure of over 1.4 trillion ruipah ($85.2 million). Image Screenshot comparison of the false post (L) and the video from the Attorney General's Office with corresponding elements highlighted "The video shows a search conducted by our men in another case, involving an investigation into money laundering by a company called Duta Palma," said Harli Siregar, the Attorney General's Office spokesperson, earlier told AFP. As of March 2025, investigation into the case was still ongoing.
Yahoo
13-03-2025
- Business
- Yahoo
Video from money laundering raid falsely linked to Indonesia oil corruption case
"This is the safe where the money from the sale of Pertalite mixed into Pertamax is stored," reads the Indonesian-language text overlay of a clip posted on February 27, 2025 on the SnackVideo platform. It refers to gasoline names that Indonesia's state-owned energy firm PT Pertamina sells. The video shows several people dressed in red searching a room where they find cash inside cardboard boxes and suitcases. Indonesia's attorney general's office said on February 25 it had arrested executives from subsidiaries of PT Pertamina in an alleged $12 billion graft case (archived link). The suspects are accused of working together between 2018 and 2023 to import crude from overseas suppliers at higher prices rather than source it domestically as mandated by Indonesian law. The case also involved a petrol blending process that is "not permitted", according to the attorney general's office (archived link). The video has racked up more than 300,000 views in other posts on SnackVideo and TikTok. But the video shows cash seized from a company investigated for money laundering, AFP reported in an earlier fact-check, after the clip was misrepresented as a bribery raid. A keyword search on YouTube found corresponding footage from a press conference posted on the channel of the Attorney General's Office on October 3, 2024. Its title says: "Seizure of cash amounting to 372 billion Indonesian rupiah related to the case of PT Duta Palma Corporation" (archived link). A news report from Indonesian channel Metro TV on the same day also included a similar video of the search operation (archived link). According to the report, a series of raids by the office at the properties of the Duta Palma Group, a corporation involved in the palm oil plantation business, led to the seizure of over 1.4 trillion ruipah ($85.2 million). "The video shows a search conducted by our men in another case, involving an investigation into money laundering by a company called Duta Palma," said Harli Siregar, the Attorney General's Office spokesperson, earlier told AFP. As of March 2025, investigation into the case was still ongoing.
Reuters
03-03-2025
- Business
- Reuters
Indonesia's Pertamina pledges to improve transparency following corruption allegations
JAKARTA, March 3 (Reuters) - Indonesia's state-owned energy company Pertamina on Monday publicly apologised and pledged to improve the firm's governance after five executives at its units were arrested over alleged corruption involving oil imports. The Attorney General's Office last week arrested five executives at three units of Pertamina on charges of alleged corruption related to oil imports between 2018 and 2023 that caused $12 billion in state losses. "We will fix the loopholes that (the AGO) found, so that it would not affect the company or state budget negatively," Pertamina CEO Simon Aloysius Mantiri told reporters. The company would work with the energy ministry to improve transparency, and continue to import crude oil and refined products to ensure energy security, he said. Three executives at three of Pertamina's subsidiaries were accused of colluding to justify higher crude oil and fuel imports volumes instead of sourcing them domestically, as required. Two other executives at Pertamina Patra Niaga allegedly approved the importation of 90-octane gasoline, known as Pertalite, at the price of higher-quality 92-octane gasoline, known as Pertamax. Both also face charges of approving a decision to blend 88-octane gasoline, known as Premium, with Pertamax, which was then sold at the price of higher-octane fuel.
Reuters
27-02-2025
- Business
- Reuters
Indonesian prosecutors arrest two more Pertamina unit executives
JAKARTA, Feb 27 (Reuters) - Indonesia's Attorney General's Office arrested two executives at a unit of state energy firm Pertamina on charges of alleged corruption related to fuel quality, following other arrests earlier this week in a case officials say has cost the state $12 billion. Prosecutors arrested Maya Kusmaya, a marketing director, and Edward Corne, VP Trading, at Pertamina Patra Niaga, Abdul Qohar, director of special crimes at the Attorney General's office, told reporters late on Wednesday. Advertisement · Scroll to continue Pertamina Patra Niaga is a unit in charge of retail sales and fuel imports. Pertamina and Pertamina Patra Niaga did not respond to questions about the new arrests. Three other executives at Pertamina units were arrested on Tuesday, accused of allegedly colluding to justify crude oil and fuel imports instead of sourcing them domestically as required. After the initial three arrests, Pertamina said it was ready to cooperate with authorities, and hoped the legal process ran well and prioritised the presumption of innocence. Abdul said the two suspects arrested on Wednesday are alleged to have approved the importation of 90-octane gasoline, known as Pertalite, at the price of higher-quality 92-octane gasoline, known as Pertamax. "It has caused the payment for imported refined products with a high price, not matching the quality," he said. Both also face charges of approving a decision to blend 88-octane gasoline, known as Premium, with Pertamax, which was then sold at the price of higher-octane fuel, Abdul said. Pertamina said in a statement the 92-octane gasoline matched the standards and specifications set by the energy ministry. Abdul said the executives had also used spot contracts rather than future contracts when ordering fuel, and this caused Pertamina Patra Niaga to pay higher prices for its orders. Abdul said losses to the state from the cases were estimated at 193.7 trillion rupiah ($11.8 billion). ($1 = 16,365 rupiah)
