Police name three suspects in TPPI, SKK Migas graft case

The police have named three suspects in an alleged graft and money laundering case involving PT Trans Pacific Petrochemical Indotama (TPPI) and upstream oil and gas regulator SKK Migas, previously known as BP Migas.

Koran Tempo quoted Director of Special Crimes at the National Police Brig Gen Victor Simanjuntak as saying Saturday that the three suspects included Raden Priyono (former BP Migas chief), Djoko Harsono (former deputy of BP Migas), and Honggo Wendratmo (founder of TPPI).

The National Police raided on Tuesday the office of TPPI in Central Jakarta and SKKMigas in South Jakarta as part of investigation into the alleged corruption and money laundering case that has caused the state to suffer losses estimated at US$156 million.

The police said that from 2009 to 2010, TPPI collaborated with SKKMigas to market condensers in the country, but the former never paid the profits from sales of the equipment to the latter.

Despite alleged foul play, SKKMigas continued to extend its contracts with the firm. (*)