No mention of Kodel Group

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