VP asks for probe into ANTARA building's ownership

Jakarta (Antara News) - Vice President Jusuf Kalla here Monday asked for an investigation into the ownership of Wisma Antara building on Jalan Merdeka Selatan in Central Jakarta.

"It was formerly a BOT project but now it belongs to another party. If the case of Hotel Hilton could be probed, why not Antara. This (the Antara case) is worse than Hilton," he said at a cabinet meeting.

Under the Build-Operate-Transfer (BOT) agreement, the investor has to hand over the building to Antara News Agency who owns the land on which the building stands after a certain period of time.

At the meeting led by President Yudhoyono and attended by cabinet ministers, the chief of Antara News Agency, Asro Kamal Rokan, said t the agency had never received any devidend from the operator of the building, namely PT ANPA International since the building was first built in 1973, on the ground that the operator had never posted any profits.

Asro said Antara News agency had a 20-percent stake in PT Anpa while the remaing 80 percent belonged to a foreign investor namely PABEMA BV from the Netherlands. PABEMA shares later went to C&P Realty Singapore (represented by Mulia Group in Indonesia) in 1986.

Meanwhile, according to a presidential decree no buildings are allowed to be operated by private parties in Ring I including Jalan Merdeka Selatan where Wisma Antara is located.

"We need to investigate this. As I remember, there is a BOT agreement. But now the building is in the hands of another party," Kalla said.(*)

May 22 21:14
KuKuKaChu: dangerously too sophisticated