Research Article
The Role of State Attorneys in Recovering State Finances for State-Owned Enterprises (BUMN) in the Covid-19 Pandemic Era
@INPROCEEDINGS{10.4108/eai.8-6-2021.2314337, author={Endang Sri Lestari}, title={The Role of State Attorneys in Recovering State Finances for State-Owned Enterprises (BUMN) in the Covid-19 Pandemic Era}, proceedings={Proceedings of the 4th International Conference on Indonesian Legal Studies, ICILS 2021, June 8-9 2021, Semarang, Indonesia}, publisher={EAI}, proceedings_a={ICILS}, year={2022}, month={2}, keywords={state attorney state-owned enterprises (bumn) state financial recovery}, doi={10.4108/eai.8-6-2021.2314337} }- Endang Sri Lestari
Year: 2022
The Role of State Attorneys in Recovering State Finances for State-Owned Enterprises (BUMN) in the Covid-19 Pandemic Era
ICILS
EAI
DOI: 10.4108/eai.8-6-2021.2314337
Abstract
The presence of the coronavirus or coronavirus disease 2019 (covid-19) has had an unimaginable impact, making the economic situation around the world worsening, including in Indonesia. It is undeniable that State-Owned Enterprises (BUMN) as state entities in conducting their business is not always smooth and feel the impact. Problems arise in the case of business ventures or commercial work carried out by BUMN, either with private parties or other communities. The problems are manifold and most of them are related to previously agreed work or not fulfilling a promise as stated in the agreement, causing default in the form of late payment. Many business actors who are unable to complete their obligations to BUMN are then reported and legally processed through a Special Power of Attorney to the State Attorney with the hope of restoring State Finances. According to the provisions of Article 30 paragraph (2) of Law Number 16 of 2004 concerning the Republic of Indonesia Public Prosecutor's Office, the State Attorney's Office can play a role as the party receiving the BUMN power of attorney.
