Keyword: "gold production"

At the centre of the case is Le Thuy Hang, former General Director of SJC, who was found to have unlawfully gained more than 71 billion VND (about 2.7 million USD) while causing losses of over 107.4 billion VND to state assets and the SJC.

Any gold purchase or sale worth 20 million VND (758.58 USD) or more per day must be made via the customer’s payment account and the account of the gold trading enterprise at a commercial bank or foreign bank branch.

Indonesia’s gold production reached only 9.98 tonnes as of May 2020, much lower than the figure in the same period last year (109.02 tonnes), according to senior advisor of Indonesian Minister of Energy and Mineral Resources Irwandy Arif.