"Our country is more liberal than the West. Based on data available with the central bureau of statistics (BPS), Indonesia`s export proceeds from 1997 to 2008, reach about Rp250 trillion per annum. So, the total for a 12 year-period is Rp3,000 trillion. But data recorded by Bank Indonesia (BI/the central bank) showed the proceeds are only Rp600 trillion. So, where did the other Rp2,400 trillion go?" he said here over the weekend.
He said that the case was an indication that the country`s economic system had failed to guard natural wealth so that export leakage reached Rp200 trillion per annum.
"If the Rp2,400 funds stayed in the government`s reserves it would have a tax collection of 30 percent worth Rp800 trillion and this would be able to meet the people`s need for development," he added.
He said that the government did not learn a lesson from the economic crisis in 1998 when Indonesia lost a fund of Rp800 trillion in the case of BI`s liquidity support credit assistance (BLBI), but repeated the same mistake.
"The government should have carried out recovery over the BLBI case but it did the same mistake instead," he said.
Prabowo said that up to now no one was able to explain where the hundreds of trillions of funds went over the past 12 years.
"Some of the economic professors do not directly face the real business world (where there are smuggling, marks up, embezzlement, illegal levies) but grappled with figures in campuses," he said.
Prabowo said the government should not have depended on foreign funds to cover the people`s need if the funds obtained from natural wealth exports could be utilized maximally.
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