Showing posts with label Sri Mulyani. Show all posts
Showing posts with label Sri Mulyani. Show all posts

Thursday, August 4, 2011

The SRI Mulyani Party

Yesterday the news media reported about the submission of application for registration of a  new political party called S.R.I ( Serikat Rakyat Independen = Independent People Union) with the Ministry of Law and Human Rights.

The party claimed (here) that it already has 33 branches i.e one branch in every 33 provinces of Indonesia, therefore its leaders are confident that it would be eligible to participate in the 2014 general election.

But the most interesting thing about this new party is its plan to nominate Sri Mulyani (48), former Finance Minister currently Managing Director of the World Bank, as a candidate in the 2014 presidential election..
Unfortunately, Sri Mulyani has never confirm about this.

The plan to nominate Sri Mulyani received various response from the public, one of them is human rights activist Hendardi who said (here) that her nomination may be blocked by the Bank Century scandal : the unclear 6,7 Trillion Rupiah Bail Out of a privately owned bank when she was Finance Minister.

Hendardi said that Sri Mulyani can only be nominated as candidate president if the Corruption Eradication Commission (KPK) clear her name. The problem is that the KPK has not investigate her until now.

I agree with Hendardi's opinion about Sri Mulyani, but I am not sure whether or not the SRI Party will get the approval to participate in the 2014 general election. Even if the party can get said approval, to nominate a presidential candidate it needs to get 20% of the seats in the national parliament, or 25% of the total legitimate votes in the general election (here). Otherwise, it has to form a coalition with other parties.

So, in my opinion Sri Mulyani's political future in Indonesia is still very uncertain.

The case would be different if Sri Mulyani could join forces with big political parties like the ruling Democrat Party, of course her name should be cleared first by the KPK.
Or, perhaps with the Golkar Party but it would be almost impossible because it has been trying hard get her down for the Bank Century scandal.

Tuesday, May 24, 2011

Who Will Be The Next President ?

President Susilo Bambang Yudoyono (SBY)  will end his second office term in 2014, and according to the  amended Constitution of Indonesia, he cannot be nominated again as candidate in the next presidential election.

Although until now there is still no one who seems to be good enough to be the next president of Indonesia, but I am very certain that there is one person out of the 240 million population who is eligible to take that job.

In this regards, I would like to share with you an article that I have read in Kompas about the nomination of  the Chief of the Constitutional Court Mahfud MD and Director of the International Monetary Fund Sri Mulyani as Presidential candidates.


As Indonesian citizens, both of them may be nominated as Presidential candidates if they fulfill requirements stipulated by the Presidential Election Law among others should be nominated by one or more political parties that won enough votes in the 2014 General election.

As far as I know, Sri Mulyani is not a member of a political party, while Mahfud is a former official of the National Awakening Party (PKB).

What do you think ?

Related articles :
- Mahfud MD - Sri Mulyani President 2014-2018 (Blog)
- MMD - SMI 4 President (Facebook)

Sunday, May 9, 2010

Bank Century for Lapindo Deal

Sri Mulyani's decision to resign from her job as Minister of Finance have made certain people very happy.

For Sri Mulyani, it means that she'll be able to take a prestigious position as Managing Director of the World Bank, and get away from politicians at the Parliament (DPR) who have been blaming her for the mysterious  6,7 Trillion Rupiah Bank Century Bailout.

For President Susilo Bambang Yudoyono (SBY) and his Democrat Party, it means that it will calm down the protests in DPR against the Bank Century case, therefore regaining supports from political parties that formed the coalition government.

For SBY's political ally i.e. the Golkar Party, it means that no one will bother the businesses of its Chairman i.e. Aburizal Bakrie, especially PT Lapindo that has been responsible for the disastrous never ending flow of Hot Mud at Sidoardjo, East Java.
Golkar was very happy that they supported the creation of a Joint Secretariat for the Coalition and Bakrie became its Chief Executive Officer only two days after Sri Mulyani's resignation.

Considering that the Coalition Government also includes two political parties i.e. PKS and PPP, that supported DPR's Inquiry on the Bank Century case, I hope that the above political deal would not stop the investigation of the Bank Century case by the Corruption Eradication Commission (KPK), and the fact finding efforts on the Lapindo Mud Flow.

Related articles :
- The Jakarta Post : World Bank appoints Sri Mulyani managing director
- Kompas : Life in Indonesia after Sri Mulyani moves to WB
- The Jakarta Globe : Reshuffle Hands Bakrie Leading Coalition Post

Thursday, May 6, 2010

Who will benefit from Sri Mulyani's resignation?

Yesterday, Finance Minister Sri Mulyani (47) resigned from her cabinet post to accept a job as Managing Director of the World Bank starting 1 June 2010.
Later that day, President Susilo Bambang Yudoyono (SBY) proudly announced that he has accepted Sri Mulyani's resignation so that she can take the prestigious international position.

This is a dramatic development of the Bank Century bailout case, in which the Parliament has blamed Sri Mulyani and Vice President Boediono responsible for the flow of 6.7 trillion Rupiah state money to save the bank.

Sri Mulyani's resignation has made most people in Indonesia aware that all the mambo jambo made by politicians in the Parliament (DPR) were only political maneuvers based on their own selfish motives.

In this regards, I would like to quote an article in The Jakarta Post  (below) about who will benefit from Sri Mulyani's resignation :

1. Golkar Party chairman Aburizal Bakrie. Mulyani said in an interview with The Wall Street Journal in mid
    January, she believed her past actions had offended Aburizal.
2. Former tax chief Hadi Purnomo (now chairman of the Supreme Audit Agency). Hadi remains an influential
    figure at the tax office with numerous disciples despite being sacked by Mulyani in mid 2006. Hadi was
    reportedly furious over his dismissal.
3. Smugglers. A business group close with the police and military may have financed street rallies against 
    Mulyani after its illicit businesses were interrupted by Mulyani’s reform program.
4. Islamic parties (PKS, PAN, PPP).  Several lawmakers were reportedly resented  Mulyani’s refusal to
    contribute to the recent general election.
5. Mining companies: because of tax problems related to unpaid value-added tax.
6. Companies linked to SBY’s inner-circle: Several companies have been netted by Mulyani in tax dodging
    cases.

With Sri Mulyani's departure, Indonesia and the Indonesian people loose a very brave non particant leader who is a reformist, a seer of vision, and miner of truth, incomparable to all those politicians at the DPR who have been fooling around with her in the last 8 months.

Last but not least I would like to wish that Sri Mulyani will be successful with her new job, and I hope that she would want to return to Indonesia before the next national elections in 2014 so that Indonesia can have a much better hope for the future.

Wednesday, February 24, 2010

Are Boediono & Sri Mulyani Guilty?

At the final session of the People's Representative Council last night, four political parties i.e. PDIP, Hanura and 2 members of President SBY's coalition: Golkar and PKS, stated that the Bail Out of Bank Century has been done illegally.

They accused former Governor of Central Bank and current Vice President Boediono, and Finance Minister Sri Mulyani responsible for such illegal action, and urge the Corruption Eradication Commission (KPK) to investigate the case.

Earlier, SBY's Democrat Party stated that there is nothing wrong with the Bail Out and it has been done legally.

Meanwhile, other members of the coalition i.e. PPP, PAN and PKB, and the opposition party Gerindra stated that there were indications of corruption and illegalities in the bailout, but they only mentioned institutions but no names.

For details, please click here, here and here.

I hope that the above decisions are made based on the best interests of the people of Indonesia, thus not just part of their political effort to gain power.

Thursday, January 28, 2010

28 January Protest

Thousands of students, workers, NGO activists held demonstrations in Jakarta and others cities in Indonesia today to protest against the government of President Susilo Bambang Yudoyono (SBY) which celebrated its 100th days in office.

The topic of their protests are the same i.e. wide spread corruption, Bank Century bailout, series of injustice, poverty, et cetera, et cetera. Besides, they demanded the resignation that those responsible for the allegedly mysterious bailout of Bank Century i.e. V.P Boediono and Finance Minister Sri Mulyani.

In Jakarta, the protests were held at the Presidential Place and the People's Representative Council.
 
Although there were reports of burning of effigies and photos of SBY and Boediono, and Police arrest of some violent demonstrators, however in general they have been quite peaceful. Thank God!

For detailed media reports, please clik here, here and here.

I am glad that the protests went quite peacefully, thanks to the protesters who were able to control themselves and the security officers for not over reacting in doing their duty.
I hope that the camaraderie and energy for said protests can also be used for other purposes which would bring much more benefits to our society, such as campaigning cleanliness, maintain environment, healthy life, et cetera, et cetera.

Photo: Courtesy of Detik.

Sunday, January 17, 2010

Sri Mulyani, the Finance Minister

The Special Committee of the Parliament (DPR) has been inquiring officials allegedly involved in the flow of tax payers' money amounting to Rp 6.7 Trillion for bailing out Bank Century.

The officials include current Vice President, and former governor of Bank Indonesia (central bank) Boediono, former Vice President Jusuf Kalla and current Minister of Finance Sri Mulyani.

Compared to the others, Sri Mulyani's appearance is much better, she answered questions calmly, to the point and often smiling. Here is an article about her in Kompas.


Sri Mulyani, Two Thumbs up yet Rebuked

JAKARTA, KOMPAS.com — The inquiry committee investigating Century Bank is satisfied with Sri Mulyani's answers, however one of her remarks later provoked sharp criticism. Sri Mulyani, also called Mbak Ani, who is the former chief of the Committee for Financial Sector Stability, had her hearing before the committee, Wednesday, House of Rep. building, Jakarta.

"Although there's still much difference in diametral view, I appreciate Sri Mulyani. She was outspoken with good articulation," said inquiry member Hendrawan Supratikno from PDI-P fraction, for example he also mentioned the time when Sri Mulyani answered about the legal premise of the Coordinating Committee's existence.

Another inquiry committee member from PDI-P, Ganjar Pranowo, even said that Sri Mulyani, the finance minister, had been more prepared to face the inquiry committee compared to the former Bank Indonesia (BI) governor, Boediono, who is now VP.

"No answer was misdirecting. Overall, our colleagues aren't too tense. She didn't answer like Boediono or the others from BI."

Bailout benefitted the people?

However, when Sri Mulyani mentioned during her hearing that the Century Bank bailout disbursement, worth Rp. 6.7 trillion, benefitted the people, inquiry committee member Gayus Lumbuun from PDI-P fraction immediately criticized her.

"The Rp. 6.7 trillion bailout benefitted only a few. Ironically the money came from the people," declared Gayus, Wednesday.

Furthermore, Gayus continued, the indicators used to support Sri Mulyani's statement were the value of rupiah, the capital market, and BI's interest rate. "Is this empiric reality or just imagination? Didn't you read the suicide news because somebody didn't believe in the saving refund?"

Gayus added that Sri Mulyani's statement was very disturbing. Especially if considering the amount of money that has been disbursed. Unfortunately, Sri Mulyani didn't rise to answer this statement
.