{
    "success": true,
    "data": {
        "id": 1809167,
        "msgid": "kpk-suspects-distribution-of-funds-to-certain-parties-in-ppt-et-case-1781754786",
        "date": "2026-06-18 09:35:34",
        "title": "KPK suspects distribution of funds to certain parties in PPT ET case",
        "author": "",
        "source": "ANTARA_ID",
        "tags": "",
        "topic": "Legal",
        "summary": "Indonesia's Corruption Eradication Commission (KPK) suspects that illicit funds in the PPT Energy Trading corruption case were disguised as bonus payments to certain individuals. The investigation, which began in July 2025, concerns alleged corruption in capital investment and long-term loan management at the Indonesia-Japan joint venture between 2015 and 2022. The case is also linked to a separate corruption probe into liquefied natural gas procurement at state-owned Pertamina.",
        "content": "<p>The Corruption Eradication Commission (KPK) suspects there was a\ndistribution of money to certain parties in the alleged corruption case\ninvolving the management of capital investment and long-term loans at\nthe Indonesia-Japan joint venture, PPT Energy Trading Co., Ltd.\u00a0(PPT\nET).<\/p>\n<p>\u201cThere is an allegation that it was packaged through the distribution\nof bonuses to certain individuals,\u201d said KPK Spokesperson Budi Prasetyo\nat the KPK\u2019s Merah Putih Building in Jakarta on Wednesday evening\n(17\/6).<\/p>\n<p>For this reason, Budi said the KPK is still investigating the\ninvestments made by PPT ET, including the concealment of money from the\nalleged corruption through the distribution of these bonuses.<\/p>\n<p>Meanwhile, he said the investigation into the case continues to\nprogress positively because the witnesses summoned by the KPK have\ncomplied with the summons and provided the required information.<\/p>\n<p>\u201cIn due course, investigators will certainly detain the suspects,\u201d he\nsaid.<\/p>\n<p>The KPK announced the commencement of the investigation into the case\non 30 July 2025. The case relates to alleged corruption in the\nmanagement of capital investment and long-term loans at PPT ET during\nthe 2015-2022 period.<\/p>\n<p>During the investigation process, the KPK has prevented three\nindividuals from travelling abroad, namely MH from PPT ET, and MZ and OA\nfrom the private sector.<\/p>\n<p>Meanwhile, the KPK stated that the case is also linked to alleged\ncorruption in the procurement of liquefied natural gas (LNG) at PT\nPertamina (Persero) during the 2011-2021 period.<\/p>\n<p>According to PPT ET\u2019s official website, PT Pertamina (Persero) holds\na 50 percent stake in the Indonesia-Japan joint venture.<\/p>\n<p>The remaining shareholding in PPT ET is owned by 13 Japanese\ncompanies, namely Toyota Motor Corporation, ENEOS Corporation, Chubu\nElectric Power, The Kansai Electric Power, INPEX Corporation, Cosmo Oil,\nTokyo Electric Power Company Holdings, Idemitsu Kosan, Japan Petroleum\nExploration (JAPEX), Tokyo Gas, Kashima Oil, Kyushu Electric Power, and\nNippon Steel Engineering.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/kpk-suspects-distribution-of-funds-to-certain-parties-in-ppt-et-case-1781754786",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}