Six Facts About Rogue Kadin Officials Extorting Investors in Cilegon, Disrupting the Business Climate
JAKARTA — A video went viral on social media showing a group of people visiting the Krakatau Steel industrial zone in Cilegon to meet with foreign investor PT Chandra Asri Alkali. The group, allegedly comprising members of Kadin (Indonesian Chamber of Commerce and Industry) Cilegon and local community organisations, reportedly demanded a share of the total Rp15 trillion investment earmarked for constructing a factory, without any tender process.
Kadin Indonesia Chairman Anindya Bakrie affirmed that he would take firm action against individuals demanding project allocations from investors. Those claiming to represent Kadin Cilegon will face sanctions if proven to have extorted investors.
The following are the key facts regarding the rogue Kadin officials' extortion of investors in Cilegon:
**1. Demanding Project Allocations**
Anindya stated that Kadin's central office has established an organisational and ethics verification team to investigate reports of project allocation demands allegedly made by rogue Kadin Cilegon officials. "The point is that we at Kadin headquarters are forming and have already begun assembling a verification team," Anindya said when met by reporters in South Jakarta. The organisational and ethics verification team will conduct a direct evaluation of the structure, roles and actions of Kadin Cilegon and its affiliates.
**2. Breaking the Law**
He emphasised that Kadin is focused on boosting trade and investment in the country. He expressed anger at any member of the prominent business organisation engaging in unlawful conduct. "We do not want any actions that are unlawful or repressive. We want to move swiftly — as early as Wednesday, Kadin together with the Governor of Banten or his representative, along with the Investment Coordinating Board (BKPM) and law enforcement, will look into this," he explained.
Kadin Indonesia Chairman Anindya Bakrie affirmed that he would take firm action against individuals demanding project allocations from investors. Those claiming to represent Kadin Cilegon will face sanctions if proven to have extorted investors.
The following are the key facts regarding the rogue Kadin officials' extortion of investors in Cilegon:
**1. Demanding Project Allocations**
Anindya stated that Kadin's central office has established an organisational and ethics verification team to investigate reports of project allocation demands allegedly made by rogue Kadin Cilegon officials. "The point is that we at Kadin headquarters are forming and have already begun assembling a verification team," Anindya said when met by reporters in South Jakarta. The organisational and ethics verification team will conduct a direct evaluation of the structure, roles and actions of Kadin Cilegon and its affiliates.
**2. Breaking the Law**
He emphasised that Kadin is focused on boosting trade and investment in the country. He expressed anger at any member of the prominent business organisation engaging in unlawful conduct. "We do not want any actions that are unlawful or repressive. We want to move swiftly — as early as Wednesday, Kadin together with the Governor of Banten or his representative, along with the Investment Coordinating Board (BKPM) and law enforcement, will look into this," he explained.