{
    "success": true,
    "data": {
        "id": 1713087,
        "msgid": "iaw-reveals-risk-analysis-dormant-accounts-could-become-time-bombs-1777643516",
        "date": "2026-05-01 20:26:34",
        "title": "IAW Reveals Risk Analysis: Dormant Accounts Could Become Time Bombs",
        "author": "",
        "source": "VIVA",
        "tags": "bisnis",
        "topic": "Banking",
        "summary": "Indonesian Audit Watch (IAW) has highlighted significant governance risks associated with dormant accounts in state-owned banks (Himbara), following a mid-2024 incident where hundreds of billions of rupiah were stolen from one such bank in just 17 minutes through 42 transactions, underscoring systemic oversight failures. PPATK data reveals 2,115 government-owned dormant accounts holding Rp530.55 billion, including Rp169.37 billion in Himbara banks, pointing to weak public fund monitoring. IAW's analysis rates one Himbara bank as lowest risk due to transparency in anti-fraud systems, while others face medium to high risks from large customer bases and unclosed accounts, urging practical testing of safeguards.",
        "content": "<p>Jakarta \u2013 Indonesian Audit Watch (IAW) has unveiled a risk map for\nthe governance of dormant accounts in Himbara banks, following the case\nof hundreds of billions of rupiah being siphoned from one state-owned\nbank in 17 minutes via 42 transactions in mid-2024, which is seen as\nconcrete evidence of banking supervision failures.<\/p>\n<p>IAW emphasises that there is no official report from the Financial\nAudit Board (BPK) specifically auditing Himbara banks on dormant\naccounts, yet this situation amplifies risks as inactive accounts are\nviewed as latent vulnerabilities that financial crime syndicates could\nexploit at any time.<\/p>\n<p>\u201cThere is no specific thematic audit on dormant accounts. That\u2019s\nprecisely the problem. We\u2019re sitting on a time bomb without knowing when\nit will explode,\u201d said IAW Founding Secretary Iskandar Sitorus in\nJakarta on Friday, 1 May 2026.<\/p>\n<p>PPATK data bolsters these concerns, uncovering 2,115 dormant\ngovernment accounts holding up to Rp530.55 billion, including Rp169.37\nbillion in Himbara banks, highlighting weak oversight of public funds\nthat should be under strict control.<\/p>\n<p>In its analysis, IAW states that one state-owned bank currently poses\nthe lowest risk, owing to relatively open transparency in its anti-fraud\nsystem, from prevention and detection to investigation and ongoing\nevaluation, accessible to the public.<\/p>\n<p>Nevertheless, IAW warns that transparency is not an absolute\nguarantee of security unless tested in real practice, particularly\nagainst extreme transaction patterns like those in the BNI case.<\/p>\n<p>\u201cMandiri is the most open in explaining its system. But transparency\nmust be proven. If it\u2019s never tested, it\u2019s just good on paper,\u201d Iskandar\nremarked.<\/p>\n<p>Meanwhile, another state-owned bank is placed in the medium-risk\ncategory with the greatest potential impact, given its vast customer\nbase encompassing social assistance accounts, SMEs, and government\nprogrammes that could generate a very large number of dormant\naccounts.<\/p>\n<p>\u201cThe larger the customer base, the greater the potential for dormant\naccounts. This is simple mathematical law, not an assumption,\u201d Iskandar\nexplained.<\/p>\n<p>Other state-owned banks are also assessed as needing proof, due to\nlimited public transparency on dormant account oversight systems,\ndespite potential risks from project accounts, escrow, and completed\nmortgages that remain open.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/iaw-reveals-risk-analysis-dormant-accounts-could-become-time-bombs-1777643516",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}