Private Collections of VP, Ministers on Auction to Support Social Causes

In a fundraising effort, the Ministry of Finance will auction private collections of top government officials at the National Gallery in Jakarta on Wednesday (28/02). (JG Photo/Yudha Baskoro)

By : JG | on 11:06 AM February 27, 2018
Category : News

Jakarta. The Finance Ministry's directorate general of state assets will auction private collections of top government officials and executives of state-owned companies at the National Gallery in Jakarta on Wednesday (28/02).

The proceeds from the auction will support social causes such as expanding access to education.

State assets director Lukman Effendi told reporters on Monday that among those who donated to the fundraising effort are Vice President Jusuf Kalla and his wife Mufidah Jusuf Kalla, Finance Minister Sri Mulyani Indrawati, Foreign Affairs Minister Retno Marsudi, State-Owned Enterprises Minister Rini Soemarno, Spatial Planning Minister Sofyan Djalil, Industry Minister Airlangga Hartarto, Health Minister Nila Moeloek and Transportation Minister Budi Karya Sumadi.

All top-level officials at the Ministry of Finance will participate in the auction – secretary general Hadiyanto, director general for customs and excise Heru Pambudi, director general of treasury Marwanto Harjowiryono, director general of state assets Isa Rachmatarwata, director general for fiscal balance Boediarso Teguh Widodo, director general of taxation, and director general of budget risk management Luky Alfirman.

Top executives of state-owned banks, including Bank Rakyat Indonesia president director Suprajarto and Bank Negara Indonesia president director Achmad Baiquni.

Lukman said the event is organized also in commemoration of 110 years of fundraising auctions by rulers in Indonesia, which were initiated in the colonial era.

"It is [also] to show that auctions are a safe, transparent, objective and legally binding mechanism to sell and buy goods," he said.

Among the objects that will be auctioned are unique and historic batik fabrics, handwoven songket textiles, paintings, musical instruments, golf equipment, leather jackets and accessories, prayer mats, watches, a bicycle and a ceramic cookie jar.

While the auction at the National Gallery will start 10:00 a.m., bidding is also possible online on the state assets directorate's website.

Potential buyers must place some money in escrow — at least one day ahead in a special deposit account for online bidders, or in cash at least one hour before the auction. All of them must register with the auction organizer and present their identification documents and taxpayer numbers.

At its offices across the country, the directorate will also hold the so-called Auction Week to sell goods seized by the Corruption Eradication Commission (KPK).

The proceeds will be booked as non-tax revenue to state coffers.

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