Thursday, January 21, 2010

PGN director arrested

Corruption Eradication Commission (KPK) arrested Djoko Pramono, director for general affairs at state-owned gas distribution and transmission company PT Perusahaan Gas Negara (PGAS) Tbk. Djoko has been named a corruption suspect. PGN former CEO Washington MP Simanjuntak has also been detained for bribery and coercion of PGN contractor. 
PGAS told stock market authorities today that Djoko is a suspect in his capacity as former finance director of the company in the period of 2001-2006. The alleged bribery and coercion were committed in 2003 when Simanjuntak was the CEO of the company. PGN directors had allegedly coerced the company's contractors. They then used the funds to bribe legislators from the House Commission IX (finance) and House Commission VII (energy affairs) in relation to the company's initial public offering (IPO).
Legislators mentioned are Hamka Yamdhu (Golkar), Agusman Effendy (Golkar), Azwir Dainy Tara (Golkar), and Farida Abidin.




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