| Bapepam-LK will check the case of deposits Bakrie |
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| Friday, 23 July 2010 21:23 | |||||||
Page 1 of 2 JAKARTA: The Capital Market Supervisory Agency and Financial Institution (Bapepam-LK) require the examination of financial statements of issuers case Bakrie Group and Petroleum Energy Tbk PT Benakat proceed to the Enforcement Bureau of Bapepam-LK."Later the plan of the Exchange, just to pack Sarjito bureau [Bureau of Investigation Bapepam-LK] do not pass TLE [Bureau of Securities Transaction and Institution] anymore," said the Chairman of Bapepam-LK Fuad Ahmad Rahmany to the press. He said one goal that has been ongoing examination of what has been done by PT Bursa Efek Indonesia (BEI) to the capital market regulator is looking for evidence that there is at least an indication of intent. In addition, he said, the examination will also have at least trace the alleged provision of misleading information. Action inspection delegation of the case, said Fuad, also due to have an initial implementation of IDX that is authorized and obligated to do so until completion. According to him, all three written warnings and sanctions imposed fines amounting to Rp2 billion IDX yesterday to four new issuers that are not being handed the penalty for the requested document exchange authority. Fuad also affirms the current exchange authority has not found any other evidence related to allegations being investigated for not having a more in-depth investigation function. Exhaustive investigation, he said, was to be continued by the Bapepam-LK in accordance with existing mechanisms. Four issuers subject to fines each valued at Rp500 million. Of the four listed companies, three are listed Bakrie Group, PT Bakrie & Brothers Tbk, PT Bakrie Sumatra Plantations Tbk and PT Energi Mega Persada Tbk. Then there PT Benakat Petroleum Enegery language that eventually corrected the financial statements of the company after the explosion of news about the financial statements of issuers and PT Bank Capital Indonesia Tbk is not appropriate. The financial statements of three issuers Bakrie said that it proceeds from public offering (LPO / rights issue) is deposited in Bank Capital valued at Rp9, 07 trillion which is deposited in Bank Capital in the form of deposits and cash, but third-party funds listed on the bank's financial statements only reached Rp2, 69 trillion. Chief of Enforcement Bureau of Bapepam-LK Sarjito said capital market authorities are still awaiting the results of the inspection authority to follow-up examination on the stock exchange listed companies. However, he said, Bapepam-LK has not been able to guess clauses of the Law No.8/1995 on Capital Market or the rules of Bapepam-LK potentially violated the issuer's fourth. He also could not comment on the allegation that the case can be associated with Law No.8/1995 Article 90 of Chapter XI of Fraud, Market Manipulation and Insider Trading. "We have yet to disclose the problem is how to or associated with the article or of any regulation." Bakrie & Brothers' stock price is stagnant at the level coded BNBR Rp51 this afternoon, Rp1 amount above a minimum price limit on the stock, shares of Bakrie Sumatra, which is coded UNSP corrected level of 1.53% to Rp320, and Energy Mega corrected coded ENRG 0.86 % to Rp114 level. Then, share stagnated at the level of Rp112 Benakat the closing of the Stock Exchange this afternoon. (Wiw) By: Irvin Avriano A. - (Bisnis.com)
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