Company uses IBRA money to pay bonuses

BANDUNG: The management of PT Dirgantara Indonesia (DI) used emergency funds of Rp 78 billion (US$9.18 million) from the Indonesian Restructuring Bank Agency (IBRA) to disburse Rp 26 billion to its 9,600 employees to pay their salaries for November, along with their Idul Fitri bonuses.

The general director of PT DI, Muhammad Nuril Fuad, said on Friday that PT DI was only able to pay 10 percent of the total salaries for laid-off employees, and 25 percent for active employees.

The payments were made on Nov. 14, which means the management will have to pay the remaining 90 percent for the laid-off employees, and 75 percent for active ones.

Fuad said the employees' salaries for October had not been paid due to a lack of funds at PT DI.

Fuad said PT DI received the money from IBRA in two stages: the first was for Idul Fitri bonuses and the employees' salaries, the second was for severance pay for laid-off employees, which is still unavailable as PT DI must wait for the results of a meeting between Minister of Manpower Jacob Nuwa Wea and PT DI's labor union.

Fuad also said the number of employees who had been selected to return to work numbered 3,000.