Over $272m of potential losses found in KAI<\/p>\n
Tony Hotland, The Jakarta Post, Jakarta<\/p>\n
Indications of corruption and mismanagement were found in the
\nstate train operator PT Kereta Api Indonesia (KAI) during its
\n1998-2002 operations, risking Rp 2.59 trillion (US$272.63
\nmillion) in state money, a House of Representatives committee
\nsays.<\/p>\n
Revealing its findings on Thursday, the committee comprising
\nmembers of the House Commission V on transportation,
\ntelecommunications and public works said indications of graft
\nwere found after a five-month review of KAI's audit results.<\/p>\n
Member Taufik Kurniawan said the committee found likely graft,
\ncollusion and mismanagement were to blame for the losses.<\/p>\n
Taufik said the losses came from irregularities in operational
\nexpenses amounting to Rp 764 billion; unpaid ticket revenues of
\nRp 313 billion; transportation costs of Rp 542 billion; and
\nmaintenance costs of Rp 43 billion.<\/p>\n
Possible losses were also discovered in advertising revenues
\nof Rp 471 billion and other items worth a total of Rp 415
\nbillion, Taufik said.<\/p>\n
\"Their booking system is also messy and it was difficult to
\ntrace sources of funds and their use in an accountable manner.\"<\/p>\n
Another suspect case discovered by the committee, Taufik said,
\nwas the purchase of 32 useless Holec trains, which could not be
\nused on the country's rail system.<\/p>\n
Taufik said initial evidence of more irregularities had been
\nfound in the committee's preliminary review of the company's 2004
\naudit results -- with a total of Rp 1.14 trillion in questionable
\nfunds.<\/p>\n
He said the committee would soon summon the company's
\nmanagement to clarify the irregularities and was considering
\nhanding over their findings to the Corruption Eradication
\nCommission (KPK).<\/p>",
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