Indonesian Political, Business & Finance News

City to divulge inventory of property

| Source: JP

City to divulge inventory of property

JAKARTA (JP): The city administration is to disclose the
results of its property inventory next week, Deputy Governor for
Administrative Affairs Abdul Kahfi said yesterday.

Kahfi said the inventory was compiled by a special team set up
last year to probe malfeasance, which led to the illegal
acquisition of several city properties.

The inventory is expected to highlight the properties which
have been illegally transferred to private companies, he said.
The city's property assets are estimated to be worth Rp 700
billion (US$70 million).

"Even now there are several properties which do not have the
appropriate documents," Kahfi, who is also head of the team,
said.

He said the illegal transfers occurred because some of the
properties had not been clearly listed as belonging to the city.

"The city properties consist of not only buildings used by the
administration but also other facilities which have not been
handed over by private developers as required under existing
regulations."

The shrinking number of city properties became the subject of
a public debate recently, following revelations that some
companies had been involved in illegal acquisitions.

The properties in question include a 2,187-square-meter plot
of land on Jl. Matraman in East Jakarta, which was reportedly
taken over by private Bank Bira, and a school on a 5,000-square-
meter plot of land in Duri Kepa in West Jakarta, which was
reportedly sold for Rp 7.5 billion to a private company.

City Councilor Lukman Mokoginta from Commission D for
development affairs said the administration should make a
periodical report for the council.

"The report is needed because the governor has reiterated that
the number of city properties regularly increase.

Lukman also urged the administration to involve the Electronic
Data Organizing Office, which it set up in 1992.

"Through the involvement of the office I hope that the city
properties can be continuously monitored."

He said the office could be accessed by both the councilors
and administration officials. (edt/ind)

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