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New Phase of Government Debt Rp800 M to Jusuf Hamka: Only Refuse to Pay Rp78 M, Mahfud MD Also Intervenes.

New Phase of Government Debt Rp800 M to Jusuf Hamka: Only Refuse to Pay Rp78 M, Mahfud MD Also Intervenes.

Dream - The debt turmoil between toll road businessman Jusuf Hamka and the government enters a new phase. The Ministry of Finance (Kemenkeu) reportedly can only pay a debt to PT Citra Marga Nusaphala Persada (CMNP) amounting to Rp78 billion out of a total of Rp800 billion. According to Jusuf Hamka, a meeting to discuss the debt issue was held again with representatives from the Directorate General of State Assets (DJKN) of the Ministry of Finance and facilitated by the Ministry of Coordinating Political, Legal, and Security Affairs (Polhukam).

"Jusuf Hamka Menolak" translates to "Jusuf Hamka Rejects" in English.

From the results of the meeting, Jusuf Hamka rejected the offer of debt payment amounting to Rp78 billion. He insisted that the government must fully pay his debt.

Jusuf Hamka Menolak

The following is the translation of the given 'Bahasa' text to 'English' while preserving any html tags: The debt amounting to Rp78 billion is the principal value of the deposit owned by CMNP in Bank Yama, which was affected by the 1998 monetary crisis. If calculated with fines, Jusuf Hamka believes that the country should repay his debt amounting to Rp800 billion.

Babak Baru Utang Pemerintah Rp800 M ke Jusuf Hamka: Tolak Cuma Dibayar Rp78 M, Mahfud MD Ikut Turun Tangan

"If I don't want to (be paid Rp 78 billion). If the board of directors wants to, please. Because I am responsible to the public shareholders. If the board of directors dares to take responsibility, please," 

"Jusuf revealed at the Office of the Coordinating Ministry for Political, Legal, and Security Affairs, Jakarta, quoted from Liputan6.com, Thursday, December 14, 2023."

               

"Touching People's Taxes"

The man who is often called Babah Alun compares the obligation of the state to pay the debt with the government's policy of collecting taxes from the people. When imposed with fines, taxpayers are required to pay them. However, according to Jusuf, a different treatment is not applied to the obligation of the government to pay the debt to CMNP.

               

"Our country is very fair. Taxpayers don't pay a 2 percent fine and there is no pardon. If now, the country doesn't pay, we are the ones who are forgiven. Even earlier, there was a word that came out 'if the country doesn't want to pay, what can we do?' Well, we can't do anything. We are citizens, not the country. We can't do anything. We ask for God's help," he said."

Furthermore, Jusuf revealed the reason why the Ministry of Finance is reluctant to pay the fine for the debt to CMNP. He mentioned that the Ministry of Finance refers to the amount of the initial deposit.

Babak Baru Utang Pemerintah Rp800 M ke Jusuf Hamka: Tolak Cuma Dibayar Rp78 M, Mahfud MD Ikut Turun Tangan

Jusuf explained the reluctance of the Ministry of Finance to pay the fine for the debt to CMNP because the ministry made a reference based on the amount of the initial deposit. "The reason was mentioned earlier that the mandate received was only that amount, so it cannot be more than that. It will be discussed again later, if they want it, it will be paid immediately," he said.

Mahfud MD Requests the Ministry of Finance to Settle Immediately

Continuation of this dispute, Coordinating Minister for Political, Legal, and Security Affairs (Menkopolhukam) Mahfud Md requested the Ministry of Finance to immediately settle the country's debt to Jusuf Hamka's company. The proposal was conveyed so that the government could avoid the possibility of an increase in the value of debt interest that could potentially cause losses to the country.

Babak Baru Utang Pemerintah Rp800 M ke Jusuf Hamka: Tolak Cuma Dibayar Rp78 M, Mahfud MD Ikut Turun Tangan

"If the debt is not paid, the interest will continue to accumulate according to the court's decision, and the country will suffer. If the country is intentionally harmed, it has its own legal implications. That's all," said Mahfud. 

Regarding the debt agreement value, the government continues to negotiate with relevant parties. So, both sides can propose suggestions to each other. "The amount of debt is discussed again, and of course, both sides can propose suggestions," said Mahfud.

As information, this debt originated from CMNP's deposit funds in Bank Yama. Bank Yama collapsed due to the 1998 crisis. Jusuf Hamka is demanding the government debt from his company CMNP, which has remained unpaid since the 1998 monetary crisis, amounting to around Rp800 billion, including fines.

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