Unwise, Government Limits Credit Unions for Real Sector
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Two experts presented by Petitioner; Tatang Astarudin and Hija Suntana, compact mention that the Cooperatives Act has taken away the right to life of the credit union board ( PPP ) which indeed has been doing business in the real sector . This prohibition does not even result in 1300 PPP can operate even 800 of them have been declared bankrupt. This was said by the witness in the judicial Cooperatives Act, Thursday ( 5/9 ).

Tatang considers ban for KSP to conduct business in the real sector is not a wise move because the government should be encouraging businesses in the real sector, both by the private sector and cooperatives. Tatang Astarudin and Hija Suntana, compact mention that the Cooperatives Act has taken away the right to life is the caretaker of PPP has been doing business in the real sector.

Government’s view KSP doubted KSP ability of operating in the real sector is just an unfounded concern. Therefore, it has asked the Court immediately to provide legal certainty that KSP can be allowed to run businesses in the real sector.

KNPI Cimahi as the applicant in the judicial Cooperatives Act still requires that the Constitutional Court annulled the provisions of the Act which prohibits Cooperatives Credit Unions (PPP) to do business in the real sector. The ban is considered to have deadly step movement Units such as the Islamic Financial Services Cooperatives Youth held KNPI Cimahi.

According to applicant’s case number 65/PUU-XI/2013, mudaraba contract is an agreement or investment capital that has been exemplified by the Prophet Muhammad and has become part of the Islamic economy. So according to the applicant, it can be seen as a form of manifestation of the implementation of worship in Islam.

"That is , with the enactment of the Act, there has been a limitation of the implementation committee of worship for Youth Cooperatives KNPI Cimahi and its members so that this practice is clearly contrary to the constitution which guarantees freedom of every individual to worship," the argument of the applicant, Yudha Indrapraja.

Meanwhile, the government wants KSP focused only deal with the type of savings and loans alone are sufficient given the nature of the specific characteristics, which manages the funds liquid, full of risk with a relatively rapid turnover rate but is very prone to abuse.

The government will bring experts in the trial continued to be opened on Tuesday, ( 17/9 ). ( Julie / mh )


Thursday, September 05, 2013 | 16:55 WIB 109