Prabowo Slams Palm Oil Companies for Regulatory Violations

Criticism of Companies Encroaching on Forest Areas

Indonesian President Prabowo Subianto has strongly criticized 20 palm oil companies for violating regulations by encroaching on protected forest areas. The companies were found to have failed to fulfill their obligations, prompting the Forest Area Compliance Task Force (Satgas PKH) to impose administrative fines totaling Rp 2.34 trillion ¹

'Serakahnomics' - A Pattern of Greed

Prabowo characterized these companies as practitioners of 'serakahnomics', a term describing their greedy behavior and disregard for legal and regulatory frameworks. He emphasized that such violations had been ongoing for years, if not decades, with these companies showing contempt for law enforcement and government officials ²

Enforcement and Financial Implications

The Satgas PKH's actions demonstrate the government's commitment to enforcing environmental and land-use regulations in Indonesia's palm oil sector. The substantial fine of Rp 2.34 trillion highlights the scale of the violations and the government's determination to address them. The fine amount was physically presented during a ceremony at the Attorney General's Office in Jakarta, underscoring the significance of the enforcement action ¹