Tue, 23 Jun 1998

No mention of Kodel Group

I am writing in response to your article entitled 'Govt considering amending social security law: Fahmi' of June 19. In my capacity as chief of PT Jamsostek's Jl. Gatot Subroto office, I find it necessary to give the following explanation:

1. On June 18, 1998, a number of journalists came to me to ask for information on the company's service to workers who were fired by their employers during the monetary crisis, and on PT Moya's participation in the social security program.

2. I just gave the journalists the information they needed, which, among others, was:

* The amount of insurance claims paid by PT Jamsostek between January 1997 and June 1998.

* PT Moya Zamzami Utama's arrears to PT Jamsostek. The company put on hold its premium worth Rp 161,992,985, including a fine of Rp 50,273,685, from March 1994 through October 1997.

3. During the meeting with the journalists, I had never mentioned the Kodel Group.

With this explanation, I hope that all sides connected with the news article can understand.

ARMADA ABDUL KARIM

Chief of PT Jamsostek's

Gatot Subroto office

Note: It was PT Jamsostek officials who stated that PT Moya Zamzami Utama is part of Kodel Group. They noted that the 1998 edition of Top Companies and Big Groups in Indonesia published by PT Kompas Indonesia also lists PT Moya Zamzami Utama as one of the 22 companies under the Kodel Group.

-- Editor