Bank Papua central office in Jayapura (Jubi)

Bank Papua Undermines Papua Government, Deputy Governor Says

Bank Papua central office in Jayapura (Jubi)

Bank Papua central office in Jayapura (Jubi)

Jayapura, Jubi – Governor deputy of Papua Klemen Tinal said Bank Papua has been detrimental to the provincial, regency and city government due to case sof bad debts amounting to approximately Rp 430 billion and Rp200 billion in tax arrears.

“The government has put money in the Bank of Papua, then in case of bad debts or arrears of the provincial governments, regencies and cities are disadvantaged. If the government is harmed, the public must also feel the effects, ” Klemen Tinal said in Jayapura, Papua on Tuesday (7/7/2015).

He said, as the majority shareholder of Bank of Papua, it is responsible for fixing the problems in the regional bank.
“As the majority shareholder, we have the responsibility to resolve this matter,” he said.

Tinal said the Papua provincial government will examine together with the regency/ city as a shareholder in the Bank of Papua to find a solution for settlement of bad debts and tax arrears.


He further stated that the government will apply the proposal of Papua Legislative Council on the governance of the Bank’s management Papua.
“We will look at the governance of Papua Bank management so that management can work more optimally,” he said.

Earlier, the governor of Papua Lukas Enembe said unequivocally, communities and local governments do not be too proud of the existence of the Bank of Papua because this bank is still rely on local governments.

According to him, Bank of Papua do not have the ability to raise funds and make money, yet only waiting for the Regional Budget(APBD). (Alexander Loen/ Tina)

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