JAKARTA, KOMPAS.TV – Democratic politician Muhammad Nasir is scattered and involved in a heated debate with the Managing Director of Mind ID or PT Indonesia Asahan Aluminum (Persero) Orias Petrus Moedak.
The debate occurred when a number of top mining SOEs in Indonesia joined a Hearing Meeting (RDP) with Commission VII of the Indonesian House of Representatives (DPR) today, Tuesday (6/30/2020).
“At this rate you can just come out of the meeting room!” said M. Nasir to Orias.
In the RDP, Orias explained the holding of a mining SOE or MIND ID issued new debt worth US $ 2.5 billion or equivalent to Rp 35 trillion for refinancing a number of debts that would mature in the next few years.
According to Orias, debt will be made with the issuance of global bonds.
However, Commission VII member from the Democratic Party fraction Muhammad Nasir kept asking questions related to MIND ID’s ability to pay debts. He also questioned the manner and mechanism of bond debt issuance that did not use collateral.
“What is the potential for default? Your task is to ensure that the debt problem is resolved, not add more debt, more debt. If it is like that, high school graduates can sit in your chair,” Nasir said.
Feeling that he did not get a satisfying answer, M. Nasir also said he would ask SOE Minister Erick Thohir to remove Orias from the chair of Managing Director of PT Inalum (Persero).
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