Transparency on govt firms' data called for

Transparency on govt firms' data called for

JAKARTA (JP): A member of the Indonesian Democratic Party
(PDI) faction of the City Council urged the municipal
administration on Saturday to make a full disclosure of city-
owned companies' profits.

Faction chairman Lukman F. Mokoginta told reporters he had
made the call for transparency because the government had not
provided data on the companies' profits for the past few years on
the ground that the enterprises were still being audited by the
government audit agency.

In the ordinary course, reports on the companies' profits
should be provided to the governor at a plenary session with
members of the City Council.

The plenary session usually discusses various aspects of the
city's draft budget for the next fiscal year.

This year's session is scheduled to be held today.

Even though the audits have been completed, the city
administration has repeatedly "forgotten" to provide the City
Council, Lukman said.

"This happens every year and will likely continue, so that the
City Council never knows about the real state of the companies
overseen by the city administration.

"We do need the information on the companies' audited profits
to help in drafting the following year's budget," he said. (32)