JAKARTA (Yosefardi) – Central Jakarta District Court declared that Rp2.5 billion fines imposed to Chevron Indonesia Company was revoked.
On Sep. 11, 2013, Panel of the judges considered that the Business Competition Supervisory Commission (KPPU) failed to prove that Chevron has committed serious business competition violation.
The judges assessed that a mistype in the tender process did not give any commercial advantage to Chevron.
Previously KPPU started the investigation over Chevron for allegation of monopoly practice.
Chevron as the tender holder was accused of discriminating PT Wood Group Indonesia in the Export Pipeline Front End Engineering & Design Contract No C732791. The tender value was estimated for US$4.69 billion.
The investigation showed that Chevron violated Law No 5/1999 with mistype “senior” title with “lead” title in the Estimated Cumulative CTR Price and Man Hour registration form.
The anti monopoly law infringement lef KPPU to drop Rp2.5 billion fine toward Chevron Indonesia Company. KPPU, however, did not find any violation committed by PT Worley Parson Indonesia as the other reported party.
Responding to the verdict, M Iqbal from KPPU stated that his commission will bring the case to The Supreme Court. He revealed that the anti money laundering commission still views that Chevron has committed of business violation. (indrab@yosefardi.biz)