Timah Addresses Corruption Scandal Linked to Harvey Moeis and Former CEO

Jakarta. State-owned tin mining company Timah has pledged to strengthen the governance of tin mining and trading activities following its involvement in a corruption scandal that resulted in extensive environmental damage.
Last week, Harvey Moeis, popularly known as "Indonesia's dream husband," was identified as a suspect by the Attorney General's Office (AGO) in connection with corruption allegations linked to tin trading permits related to Timah.
The corruption scandal, believed to have happened between 2015 and 2022, is estimated to have caused environmental damages amounting to Rp 271 trillion ($17 billion), according to calculations by environmental expert Professor Bambang Hero Saharjo from the Bogor Agricultural Institute (IPB).
Fina Eliani, Timah's Director of Finance and Risk Management, said the company is intensifying its efforts to enhance mining governance by reinforcing asset security measures, enforcing regulations, and collaborating with local miners to curb illegal mining activities within concession areas.
"Timah remains dedicated to implementing strategic measures aimed at improving operational performance and production," Fina said in her announcement on Sunday.
Additionally, Fina highlighted that the management is formulating strategies and policies to ensure the company's long-term sustainability. Ongoing programs aimed at boosting production, such as the establishment of new mining sites, permit updates, capacity expansion, site surveys, and land inventory, are part of these efforts. Moreover, efficiency initiatives spanning from upstream to downstream operations are being prioritized.

Harvey, acclaimed for his handsome appearance and wealth, gained fame as "Indonesia's dream husband," particularly after his fairytale wedding with actress Sandra Dewi at Disneyland Tokyo in November 2016.
According to Kuntadi, Director of Investigation at the Attorney General's Office, Harvey allegedly communicated with Timah's former President Director, Mochtar Riza Pahlevi Tabrani, between 2016 and 2021 to facilitate illicit mining activities within Timah's concession area.
These unlawful activities were disguised as equipment rental agreements for tin processing. Subsequently, Harvey engaged several smelters, including CV Venus Inti Perkasa, PT Tinindo Inter Nusa, PT Sariwiguna Bina Sentosa, and PT Stanindo Inti Perkasa, in these operations.
Furthermore, Harvey purportedly instructed these smelters to divert a portion of their profits to him, under the guise of corporate social responsibility (CSR) funds, overseen by QSE Manager Helena Lim, who has also been implicated in the case.
Tags: Keywords:The Latest
Sri Mulyani Assures Foreign Investors: Budget Cuts Won't Hinder Growth
Sri Mulyani highlights Indonesia's budget cuts at the Mandiri Investment Forum, focusing on public programs and driving economic growth.OJK Introduces New Crypto Listing Rules After Taking Over from Bappebti
OJK introduces new crypto trading rules after taking over from Bappebti, focusing on investor protection, transparency, and market stabilityPrabowo Welcomes Erdoğan at Jakarta Airport
This year marks the 75th anniversary of diplomatic relations between Indonesia and Turkey.Minister Bahlil Suspends Oil and Gas Director-General Achmad Muchtasyar
He didn’t mention the new role for Achmad, who had led the oil and gas directorate general for less than a month before his removal.Marcos Jr. Thanks Cambodia for Pardoning 13 Filipino Women Convicted of Illegal Surrogacy
The women have acted as surrogates for a criminal syndicate selling babies to foreigners for cash.Most Popular
