REPUBLIKA.CO.ID, JAKARTA -- Riau Islands Provincial Police has sent red notice submission to Interpol to catch three oil company leaders from China, Sinopec. "They are Zhang Jun,  Feng Zhingang, and Ye Zhijun," said the Head of Public Relation of the National Police Commissioner Martinus Sitompul in his office in South Jakarta on Wednesday (March 22).

Martinus said Red Notice submission was sent on (February 21) and (March 1). The company leaders were allegedly did a fraud to some local corporation in Indonesia.  

Martinus said Sinopec through its subsidiaries Sinomart KST Developmet Limited developed joint project with a local corporation PT Mas Capital Trust. The cooperation generated a new joint venture namely PT West Point Terminal.

When the project was succeed, Batam would was projected to be the biggest refinary in South East Asia. But, the project was stopped as there was an alleged fraud did by the Sinopec's subsidiary. "There is a company loss of 1.582.861 US dolar. They cannot justify or turn it back," said Martinus.  

The Public Relations of Riau Island Provincial Police Commissioner Erlangga said the company leaders had been named as suspects. The report was made by PT Mas Capital Trust (local) on November 2015. It was processed by the Directorate of General Crime of Riau Islands Provincial Police. 

Erlangga said they never responded police invitations to them. They were allegedly carried off 1,582,861 US dolar or about Rp 21,096,371,408 which was an investment of a local company.

Erlangga explained that the case started when Sinomart KTS Develomend Limitide wanted to make an investment in Indonesia to build a refinary in Batam. However, the Indonesian law stated that the corp should cooperate with a local company. 

"The law said they cannot make investment. They should join a local company. They made a new company which was a joint venture between the foreign and local companies," he said. 

The Indonesian company had invest Rp 48,270,000,000 and Sinomart KTS Develomend Limitide gave a capital of Rp 917,130,000,000.

The company run its project to build a fuel storage tanks in Pau Janda Beriyas, Batam in 2014. Recently, the director of human resource development of PT West Point Terminal found unreasonable spend in the audit of financial report. 

The Indonesian company had asked Zhang Jun as the Financial Director of PT West Point Terminal. But, he could not give reasonable answer for the spend. Therefore, he decided to make a police report. The company leaders were charger under the article 372 jo 378 jo 55 of the Criminal Code about fraud and embezzlement. 

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