PT Citra Marga Nusaphala Persada Tbk. (CMNP), a toll road company owned by Jusuf Hamka, has recently reported receiving a credit injection of IDR 600 billion from PT Bank Capital Indonesia Tbk. (BACA). In its report, the loan is intended to support the construction of the 9.6-kilometer-long Harbour Road II Toll Road. “To finance the construction of the Ir. Wiyoto Wiyono, M.Sc, Section Harbour Road II [elevated] from Ancol Timur to Pluit, spanning approximately 9.6 kilometers,” explained CMNP management in a disclosure, quoted on Wednesday (1/3/2024). CMNP, owned by Jusuf Hamka, received funds through two different credit facilities. A sum of IDR 50 billion was borrowed through the Current Account Loan (PRK) facility, while the remaining IDR 550 billion was borrowed through the Money Market Acceptance Loan (PA MM) facility.
According to information documents from the Ministry of Public Works and Public Housing (PUPR) through the Toll Road Regulatory Agency (BPJT), the construction of the Harbour Road II Toll Road, spanning 9.6 kilometers, initially commenced on October 4, 2019. Initially targeted for completion in 2022, the construction seems to face obstacles, and it is hoped to be completed this year. For reference, the Harbour Road II Toll Road serves as a connection from the Inner City Toll Road, providing support to the Tanjung Priok area and being part of the Jakarta Outer Ring Road (JORR) toll road network. The toll road will have 2 interchanges, namely Ancol Timur Interchange and Pluit Interchange, with a total of 2 x 3 lanes and an Elevated structure (Box Girder and Double Decker). The construction of the Harbour Road II Toll Road (elevated) is expected to streamline traffic flow from east to north, reducing congestion, and providing direct access to Tanjung Priok port. Moreover, its operation is anticipated to enhance the competitiveness of industrial areas in Indonesia, both regionally and internationally.
Ironically, Jusuf Hamka, through his company PT Citra Marga Nusaphala Persada Tbk (CMNP), has repeatedly demanded repayment of a debt totaling IDR 179 billion from the government. The debt collection efforts began during the administration of President Susilo Bambang Yudhoyono (SBY) and continued during the first term of President Joko Widodo (Jokowi) until the present.
Minister of Coordination for Political, Legal, and Human Rights Affairs, Mahfud MD, revealed that documents related to Jusuf Hamka’s debt are legitimate, acknowledging that the state indeed has debts. “Despite the controversies accompanying it, it is a final and binding decision from the Supreme Court, which has been agreed upon by the state through an official agreement. However, when the minister changed, the process stalled,” said Mahfud. He confirmed that his office has studied the Supreme Court’s decision, and the state has acknowledged the debt. This decision was made during the tenure of Finance Minister Bambang Brodjonegoro. However, despite changes in leadership, the issue remains unresolved. Previously, the Ministry of Finance spokesperson, Yustinus Prastowo, stated that the controversy over Jusuf Hamka’s debt collection did not only arise during President Joko Widodo’s administration, as the Supreme Court decision regarding the matter dates back to 2010.
