Ada Pertanyaan? Hubungi Kami 
Ada Pertanyaan? Hubungi Kami Mahinda Arkyasa
Following the Constitutional Court (MK) review of Law No. 49 of 1960 on State Receivables Committee (Panitia Urusan Piutang Negara – PUPN) (PUPN Law), Andi Pardede, Head of State Receivables Sub-Directorate I at the Ministry of Finance,stated that state-owned companies (BUMN) need to establish guidelines on managing receivables and bad loans.
“The decision should motivate BUMNs to improve the management of receivables,” said Andi on Thursday (8/11).
Andi further added that BUMNs should also anticipate and mitigate any risks that may occur when managing receivables or bad loans.
“BUMNs should also reconcile any receivables data with PUPN or Directorate General of State Assets of the Ministry of Finance,” he continued.
Constitutional Court Judge M. AkilMochtar said that each BUMN must develop internal rules or procedures for debt write-offs, including procedures on giving a haircut to debtors.
Akil hoped that rules and procedures would help BUMNs in maintaining their integrity in managing receivables and bad loans.Furthermore, Akil said that the Government should supervise BUMNs on their receivables settlement process.
“Supervision of BUMN receivables settlement will be useful for the purpose of corruption prevention,” he concluded.
As previously reported, MK has partially granted a petition to review Articles 4, 8, and 12 (1) of the PUPN Law.
Judicial review was requested by Syaiful, President Director of PT Lamindo Sakti Group. Syaiful owes a debt to BNI (a government-owned bank) and asks the state-owned bank to write off the debt (hapus buku).
However, BNI is unable to grant the write-off because under the PUPN law, state-owned enterprises (BUMN) may not grant accounts receivable write-offs.
In their decision to partially grant the petition, MK established that the phrase ‘state entities’ under Articles 4, 8, and 12(1) of the PUPN Law is in contradiction with the 1945 Constitution.
The decision implies that BUMN receivables, in this case BNI receivables, should not be considered as state receivables. -- Antara
(hot/jt)
Mahinda Arkyasa
Following the Constitutional Court (MK) review of Law No. 49 of 1960 on State Receivables Committee (Panitia Urusan Piutang Negara – PUPN) (PUPN Law), Andi Pardede, Head of State Receivables Sub-Directorate I at the Ministry of Finance,stated that state-owned companies (BUMN) need to establish guidelines on managing receivables and bad loans.
“The decision should motivate BUMNs to improve the management of receivables,” said Andi on Thursday (8/11).
Andi further added that BUMNs should also anticipate and mitigate any risks that may occur when managing receivables or bad loans.
“BUMNs should also reconcile any receivables data with PUPN or Directorate General of State Assets of the Ministry of Finance,” he continued.
Constitutional Court Judge M. AkilMochtar said that each BUMN must develop internal rules or procedures for debt write-offs, including procedures on giving a haircut to debtors.
Akil hoped that rules and procedures would help BUMNs in maintaining their integrity in managing receivables and bad loans.Furthermore, Akil said that the Government should supervise BUMNs on their receivables settlement process.
“Supervision of BUMN receivables settlement will be useful for the purpose of corruption prevention,” he concluded.
As previously reported, MK has partially granted a petition to review Articles 4, 8, and 12 (1) of the PUPN Law.
Judicial review was requested by Syaiful, President Director of PT Lamindo Sakti Group. Syaiful owes a debt to BNI (a government-owned bank) and asks the state-owned bank to write off the debt (hapus buku).
However, BNI is unable to grant the write-off because under the PUPN law, state-owned enterprises (BUMN) may not grant accounts receivable write-offs.
In their decision to partially grant the petition, MK established that the phrase ‘state entities’ under Articles 4, 8, and 12(1) of the PUPN Law is in contradiction with the 1945 Constitution.
The decision implies that BUMN receivables, in this case BNI receivables, should not be considered as state receivables. -- Antara
(hot/jt)