{
    "success": true,
    "data": {
        "id": 1404108,
        "msgid": "administration-makes-inventory-of-its-assets-1447893297",
        "date": "1998-08-19 00:00:00",
        "title": "Administration makes inventory of its assets",
        "author": null,
        "source": "JP",
        "tags": null,
        "topic": null,
        "summary": "Administration makes inventory of its assets JAKARTA (JP): The city is currently conducting an inventory of its assets in response to heavy criticism from the City Council that it has monitored its properties inadequately, an official said yesterday. Head of the city office for logistics Dadang Ruskandar said his office had so far inventoried land, building and public facility assets with an estimated value of about Rp 60 trillion (US$4.8 million).",
        "content": "<p>Administration makes inventory of its assets<\/p>\n<p>JAKARTA (JP): The city is currently conducting an inventory of<br>\nits assets in response to heavy criticism from the City Council<br>\nthat it has monitored its properties inadequately, an official<br>\nsaid yesterday.<\/p>\n<p>Head of the city office for logistics Dadang Ruskandar said<br>\nhis office had so far inventoried land, building and public<br>\nfacility assets with an estimated value of about Rp 60 trillion<br>\n(US$4.8 million).<\/p>\n<p>\"The value will definitely continue rising because we have not<br>\nfinished taking a count. We'll also get more from some lands<br>\nwhich are still under dispute with other parties,\" he said.<\/p>\n<p>The administration is currently trying to settle disputes with<br>\nprivate companies and groups of people over idle land the city<br>\nclaims to hold in 45 locations.<\/p>\n<p>Dadang declined to indicate the amount of land area and value<br>\nunder dispute, saying he did not remember the information.<\/p>\n<p>The administration holds land, he said, in at least 12,000<br>\nseparate locations throughout the capital.<\/p>\n<p>Most of the city's registered assets originally belonged to<br>\nthe administration, though some sites were acquired from private<br>\ndevelopers in exchange for the issuance of licenses to develop<br>\ncommercial buildings and facilities on particular areas belonging<br>\nto the administration.<\/p>\n<p>Some of the developers, however, have not fulfilled their<br>\nobligations, he said without further elaborating.<\/p>\n<p>The head of the City Council's Commission D for development<br>\naffairs, Ali Wongso, said the logistics office should quickly<br>\nfinish its inventory and make the results public.<\/p>\n<p>\"Don't hide it. The public has the right to know about the<br>\nadministration's assets,\" he said.<\/p>\n<p>The administration has been criticized in the past for<br>\nrefusing to make its assets known to the public. The city has<br>\nallegedly suffered financial losses in the past from corrupt<br>\ngovernment officials improperly selling city property to private<br>\nfirms.<\/p>\n<p>Ali said the administration must be transparent in managing<br>\nits assets.<\/p>\n<p>The administration is allowed to lease assets to private firms<br>\nto raise revenues, he said, adding that there were about 22<br>\nproperties, mostly buildings and public facilities, which were<br>\ncurrently being leased to private firms.<\/p>\n<p>Such rented assets include the swimming pool and tennis courts<br>\nin the Bintaro housing estate in South Jakarta, which were<br>\ndeveloped and managed by the administration's biggest business<br>\npartner, PT Pembangunan Jaya, he said.<\/p>\n<p>Ali said the administration, which currently takes in about Rp<br>\n24 million a year in rental revenues, should increase its fees in<br>\nline with rising inflation. (cst)<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/administration-makes-inventory-of-its-assets-1447893297",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}