Jakarta – The government said Monday that the transfer of all businesses linked to the Indonesian Military (TNI) was complete, leaving only the settlement of state assets being used by cooperatives, foundations and military units.

"The state assets include land and buildings that are being used by TNI-linked cooperatives, foundations and units that need permission from the Finance Ministry," the ministry's director general of defense, Rear Adm. Moch. Jurianto, said.

"We have sent a letter to the Finance Ministry to extend Finance Ministerial Regulation No. 23/2011 until the end of this year so we can completely manage the use of state assets in the TNI."

Jurianto said all units using state assets were to return part of the proceeds to state coffers as non-taxed state revenue.

"Some activities are exempted from the obligation to return proceeds such as foundations providing welfare, religious and education services for soldiers and their family members," he said.