Thursday, October 3, 2013

Divestment of Bank Mutiara Must Based Deposit Insurance Agency Law

Prone politicized , Bank Mutiara sale at the best price in the next year , is expected to be respected by all parties as a form of running the Deposit Insurance Agency Law .


Sales efforts PT Bank of Mutiara Tbk at the best prices in the next year received various spotlight , which is considered detrimental to the state if the selling price is below the ( temporary equity ) ( PMS ) to Rp 6.7 trillion when taken over the Deposit Insurance Agency ( LPS ) in 2008 .

Fact has been confirmed in the Deposit Insurance Agency Law, that if during the three times of the offer are not also sold at a price of temporary investment , Deposit Insurance Agency may remove the failed bank are handled at the best price . Deposit Insurance Agency bailing out Bank Century by reason failed clearing bank , this will have a systemic impact if not rescued .

" In my view , this happens because of the provisions of the Act and other laws that contradict each other. Talk Deposit Insurance Agency , that all parties should concentrate Agency for Deposit Insurance Act , and leave the ego sector , "said Professor of Law, University of Indonesia , Hikmahanto . J , told to reporters in Jakarta , Wednesday, October 2, 2013 .

Bank's own sales discussion to discussion by various groups , the Deposit Insurance Agency requested funds worth Rp 6.7 trillion would be refunded in full so as not to harm the country . Various parties using the State Finance Law and the  Corruption Law to strengthen the argument . Though already confirmed that the sale of the bank in handling the Deposit Insurance Agency , based on the  Deposit Insurance Agency Law .

"  Deposit Insurance Agency Law was mentioned 6 years the price is okay if not match with included capital (temporary equity ) it does not matter , " said Hikmahanto .

However , he added , the government could give its approval to the divestment of the given condition , which has been politicized by the various parties . Through this agreement , Hikmahanto said , could strengthen the Deposit Insurance Agency's decision , despite the force of Law Deposit Insurance Agency is enough .

" But this is no political element . So the Attorney General , the Governor of Bank Indonesia , the Minister of Finance to establish a mutual agreement as an amplifier . In order not to question ( again ) in the future , " he said .

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