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Bos Timah Buka-bukaan Pendapatan Perusahaan di Depan Anggota DPR

"Bos Timah Opens Up Company's Revenue in Front of Members of Parliament"

Dream - The VI Commission of the Indonesian House of Representatives summons the board of directors of PT Timah Tbk to discuss the corruption case in the trade sector within the Mining Business License (IUP) area, involving 16 suspects, including Harvey Moeis and Helena Lim.

Timah Boss Reveals Company's Revenue in Front of DPR Members

However, a number of members of the DPR (House of Representatives) admitted to being dissatisfied with the materials brought by the company's directors. On that occasion, there was no mention at all of the tin trade corruption case. This is what made some members of Commission VI furious.

Timah Boss Reveals Company's Revenue in Front of DPR Members

"So the question from friends is more about whether or not this explanation from you provides any information at all. There are many discussions that we can have in this RDP outside of the technical case."

firm Vice Chairman of Commission VI of the Indonesian House of Representatives (DPR RI), Martin Manurung, in the meeting, quoted from Merdeka.com, Wednesday, April 3, 2024.

               
Timah Boss Reveals Company's Revenue in Front of DPR Members

In that meeting, the President Director of PT Timah Tbk, Ahmad Dani Virsal, only presented the company's financial condition.

In 2020, PT Timah recorded a profit of Rp340 billion, then in 2021 a profit of Rp1.3 trillion, in 2022 another profit of Rp1 trillion, and in 2023 a loss of Rp450 billion.

Timah Boss Reveals Company's Revenue in Front of DPR Members

Virsal said that the biggest cause of losses of Rp450 billion is due to the decrease in tin prices in the global market. As a result, the recorded revenue of PT Timah Tbk also decreased.

Timah Boss Reveals Company's Revenue in Front of DPR Members

"At the same time," she said, "the company's operational burden remains high. Thus, there is a significant difference between income and the aforementioned operational burden."

Timah Boss Reveals Company's Revenue in Front of DPR Members

"So, the peak load remains, the peak cost remains but our income has decreased significantly because the production has also decreased drastically. The production decrease is exacerbated by the fact that the selling price of tin has also decreased, resulting in a very significant income gap."

"Virsal said quoted from Liputan6.com."

               
Timah Boss Reveals Company's Revenue in Front of DPR Members

"On the other hand, Member of Commission VI of the Indonesian Democratic Party of Struggle (PDI Perjuangan), Darmadi Durianto, highlights the financial report brought by the CEO of Timah."

"He judged that the directors who came were not prepared to answer the hotly debated issue. 'Actually, sir, you were not prepared to come here. Because it was clear that you were not ready to answer the various questions asked earlier, but later you can dodge by saying that you have only been in this position for 6 months, and I understand your psychological state, leading PT Timah after facing a major case. You look stressed now, lacking appetite, lacking spirit, lacking energy to come here,' said Darmadi."

Member of Commission VI Faction of the PDI Perjuangan, Harris Turino, also highlighted the issue of company performance. For example, with the fluctuation of profits recorded by the company. "We know that the case in Timah should have started from the findings of the board of directors or commissioners, but it was the Prosecutor's Office that emerged, which started conducting research since last December. When many people questioned your response at the stock exchange, you said there was no involvement from the organization, the board of directors. This means there is toleration, and the evidence is that the board of directors are involved," Harris interrogated.

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