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If Rolls-Royce Fails to Sell, Where Does the Auction Money Go?

by Chief Editor
written by Chief Editor

Indonesia‘s Unclaimed Luxury: Rolls-Royce to Be Auctioned, Funds for Social Welfare

A Rolls-Royce, unclaimed due to the winner’s failure to pay its release fee, will go under the hammer next year, with proceeds earmarked for social welfare programs. Indonesia’s Ministry of Social Affairs (Kemensos) confirm that if the luxury car finds a buyer, the funds will be utilized according to the government’s social assistance and rehabilitation programs.

"The money will go into the PNBP (non-tax state revenue) and will be used for social assistance, social empowerment, and social rehabilitation programs for vulnerable communities," affirmed Minister Saifullah Yusuf, or Gus Ipul, in a recent interview.

The Rolls-Royce, unclaimed for over 30 days after the results were announced, will be handed over to Kemensos, as per the Minister of Social Affairs Regulation Number 3 of 2024. The car will then be put up for auction through the auction process provided by the Directorate General of State Assets of the Ministry of Finance.

Minister Gus Ipul confirmed that the ministry will comply with the regulations, ensuring that unclaimed assets are sold to prevent damage or theft while in storage. The Rolls-Royce, a prize from a airline’s fortunate draw, was won in 2016 but couldn’t be claimed due to the non-payment of its release fee. The starting price for such a vehicle currently ranges from IDR 20 billion to IDR 25 billion, requiring the winner to pay 25% of that amount, or between IDR 5 billion and IDR 6.25 billion, to take possession of the car.

In 2021, under the leadership of former Minister of Social Affairs Tri Rismaharini, the same Rolls-Royce was also put up for auction but did not find a buyer. The ministry is now hopeful that the luxury car, once a symbol of extravagance, will this time around generate funds to help those in need.

(TAA/DHN)

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Rolls-Royce: How Much for the Lucky Winner’s Lottery Prize After All?

by Chief Editor
written by Chief Editor

Exclusive: Rare Rolls-Royce Phantom Due for Relisting, sparking Anticipation for Lelang’s Return

In an unprecedented twist, a luxurious Rolls-Royce Phantom, previously grounded in the Ministry of Social Affairs (Indonesia's Ministry of Social Affairs Baggingliong Rp 150 Million Annually from 'Free Gift Draw' Contributions".”>Kemensos) warehouse, is set to hit the auction block again. Speculations are rife as to its potential resale value. Minister of Social Affairs Saifullah Yusuf, or ‘Gus Ipul’, shed light on the subject during an interview last Saturday.

"The value of this Rolls-Royce will be determined by the Indonesian State Revenue Office and Auction Service (KPPN-KL) in Serang, which falls under the Directorate General of State Assets (DJKN)", he stated. "The proceeds from the sale will go towards state coffers, ultimately supporting various social welfare programs. We’ve been following this procedure for quite some time."

Initially listed in 2021 during the tenure of Tri Rismaharini, the high-end automobile failed to find a buyer. Now, Kemensos plans to resubmit it for auction in 2025, alongside gold and precious metals currently in storage.

The Rolls-Royce Phantom, a British production masterpiece, was procured through an airline lotteriesystem. The winning ticket holder, however, could not afford the sizeable redemption fee, which amounts to a quarter of the car’s market value. Presently, a new Rolls-Royce unit can be priced between Rp 20-25 billion, translating to a redemption fee of Rp 5-6.25 billion, a hefty sum for mere mortals.

As the anticipation builds, so does the intrigue surrounding this rare chance to own a slice of automotive history. With the government’s newfound initiative to re-auction these luxurious assets, it remains to be seen how the market will respond. Will the Rolls-Royce Phantom fetch a price that reflects its prestige, or will its previous lack of buyers set a new precedent for luxury auctions in Indonesia? Only time will tell.

(taa/dhn)

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Unraveling Rolls-Royce’s Abandoned Lottery Program at Indonesia’s Kemensos Warehouse

by Chief Editor
written by Chief Editor

Headline:
Abandoned Rolls-Royce Ghost in Government Warehouse: A Tale of Luxury and Neglect

Subheading:
Unused since 2016, the luxury car sits idle as bureaucracy delays its sale.

Article Body:

In the heart of Jakarta, nestled within the premises of the Ministry of Social Affairs, an unusual sight catches the eye: a Rolls-Royce Ghost, dormant and untouched, gathering dust in a government warehouse. This isn’t a case of extravagant government spending; rather, it’s a tale of a prize gone unclaimed and bureaucratic red tape delaying its sale.

The Rolls-Royce, a silver masterpiece with blacked-out B-pillars, is a 2012 Ghost model. It was initially a grand prize in a lottery by an airline. When the winner couldn’t be found, the airline handed over the car to the Ministry of Social Affairs in 2016. Since then, the luxury sedan has been left to fade into obscurity in the ministry’s garage.

The car, a testament to British craftsmanship, boasts a 6.6-liter twin-turbo V12 engine, delivering 562 horsepower and 780 Nm of torque. Paired with an 8-speed automatic transmission and rear-wheel drive, it promises a thrilling drive, if only it ever left the warehouse.

The car made headlines briefly in 2021 when Minister Tri Rismaharini attempted to auction it off. However, it failed to find a buyer, leaving the Rolls-Royce to gather more dust and politically charged whispers.

In December 2024, the current Minister of Social Affairs, Saifullah Yusuf or Gus Ipul, reignited the controversy. He revealed that the winner of the lottery couldn’t afford to claim the car. According to him, the winner would have to pay a quarter of the original price, amounting to a hefty sum of at least Rp 5 billion, given today’s market prices.

Ipul hinted that the ministry could use the funds from the car’s sale to support social programs. "The money will be used to help those in need, perhaps for clean water projects or housing," he said.

As the Rolls-Royce Ghost continues to collect dust, the ministry struggles to find a balance between recuperating funds and making sure the sale doesn’t become a political liability. Meanwhile, the car, a symbol of luxury and neglect, remains a poignant reminder of the peculiarities of government bureaucracy.

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Why Rolls-Royce and Gold Don’t Deteriorate in Customs Warehouses

by Chief Editor
written by Chief Editor

Headline:
Mystery Rolls-Royce and Unclaimed Gold Bars: Inside Kemensos’ Unusual Assets

Article:

In a recent revelation, Minister of Social Affairs Saifullah Yusuf, commonly known as Gus Ipul, has unveiled an intriguing secret about the assets stored in the Ministry’s warehouses. During the launch of the SIM UGB-PUB application at the Kemensos headquarters, Gus Ipul shed light on two unusual items: a Rolls-Royce car and unclaimed gold bars.

The Rolls-Royce, worth between Rp 20-25 billion on the market, was won by a fortunate individual in a free lottery. However, the winner was unable to pay the 25% contest fee, amounting to approximately Rp 5-6.25 billion. "The car is here, but no one can afford to buy it," explained Gus Ipul, hinting at its languishing status in the warehouse.

Adding to the intrigue, Gus Ipul also revealed the existence of unclaimed gold bars in the Kemensos storage. Similar to the Rolls-Royce, the lucky winner of the gold in a draw could not afford to claim their prize, leaving the precious metal to gather dust.

The minister clarified that these assets are in line with the Undang-Undang Nomor 22 Tahun 1954 concerning lotteries. He assured the public that the unspent prize money would be channeled into various social programs beneficiating those in need.

While the Rolls-Royce and gold bars remain unclaimed, their existence has certainly added an element of intrigue to the otherwise ordinary affair of Minister Gus Ipul launching a new application.

(haf/dhn)

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Mystery posebno: Ada Rolls-Royce and Gold Bared in Warehouse – Whose Is It?

by Chief Editor
written by Chief Editor

Headline:
Unclaimed Luxury Car and Gold Bars: Unresolved wins from Free Lottery Draws at Ministry of Social Affairs

Article:

In an unexpected revelation, Indonesian Minister of Social Affairs, Saifullah Yusuf, also known as Gus Ipul, recently disclosed the existence of unclaimed prizes from free lottery draws held under his ministry. One of the most significant findings is a high-end Rolls-Royce car parked in the ministry’s warehouse, part of an unsolved lottery draw.

The Rolls-Royce, valued at approximately Rp 20-25 billion (USD 1.4-1.8 million), is a result of a free lottery draw where the winner is required to pay a quarter of its price, about Rp 5-6.25 billion (USD 0.35-0.45 million), to redeem the prize. However, the winner has been unable to meet this financial obligation, leaving the luxurious car unstolen for some time.

"We have a Rolls-Royce here, no one has bought it yet," Gus Ipul revealed in a recent event, adding that the winner was unable to pay the required 25% of its price, leaving the ministry with a sitting duck worth millions of rupiah.

The issue isn’t limited to the Rolls-Royce. There’s also an unclaimed gold bar, also a result of a free lottery draw with an equally hefty price tag for redemption. The winner, too, couldn’t afford the price, leaving the gold bar untouched.

Although these prizes remain unclaimed, Minister Yusuf assured that the process aligns with Law No. 22/1954 regarding lotteries. The funds collected from these redemption prices will go towards social welfare programs such as improving access to clean water and building houses for the underprivileged.

In a digital age, these unclaimed prizes serve as a intriguing tale, a testament to the vast chasm between the riches and the less fortunate in Indonesian society. It also shines a spotlight on questions about the fairness and practicality of such lottery draws in social welfare programs.

Meanwhile, the Rolls-Royce and the gold bars wait in their respective warehouses, symbols of wealth in a context quite removed from their typical niches of luxury and opulence.

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