The National Police\u2019s Anti-Corruption Task Force (Kortas Tipikor\nPolri) has named three individuals as suspects in an alleged corruption\ncase involving coal project financing that caused state losses of Rp\n38.9 billion. The police have seized a number of assets connected to the\ncase.<\/p>\n
\u201cAs part of optimising asset recovery, investigators have seized a\nnumber of assets in the form of land and buildings belonging to the\nsuspects, spread across Medan, Bekasi, Bogor, Samarinda and Sidoarjo,\nwith an estimated value of around Rp 14.4 billion,\u201d said the Head of\nOperations of the Anti-Corruption Task Force, Commissioner Ahmad Yusuf\nAfandi, at a press conference at National Police Headquarters, South\nJakarta, on Monday (20\/7\/2026).<\/p>\n
Yusuf said the seizures form part of efforts to recover state\nfinancial losses. He said there are alleged irregularities in the\ninvestment financing of a coal project which resulted in losses to state\nfinances.<\/p>\n
\u201cBut it also has the potential to disrupt the governance of financing\nin national strategic sectors, including the energy sector,\u201d he\nsaid.<\/p>\n
Yusuf emphasised that Kortas Tipikor will see this case through to\ncompletion. He is targeting the recovery of the state\u2019s financial\nlosses.<\/p>\n
\u201cThe investigation will be expanded if the involvement of other\nparties who can be held criminally responsible is discovered. We affirm\nthat everyone is equal before the law, so anyone involved will be\ninvestigated,\u201d he said.<\/p>\n
The alleged offences took place between 2019 and 2020. The inquiry\nhas been under way since 2024.<\/p>\n
In total, there are three suspects in this case. They are the\nInvestment Manager of PT PPA with the initials IT, the Head of the\nOperational Division of Bintang Abadi Sempurna with the initials FSN,\nand another suspect with the initials SH, who serves as a Director of PT\nBintang Abadi Sempurna and is currently serving a prison sentence in a\nseparate case.<\/p>\n
\u201cFrom the outset, there was an agreement between PT PPA\u2019s\nrepresentative, one IT, and the Director of PT BAS. Among other things,\nthis involved the manipulation of financial reports,\u201d he said.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/kortas-tipikor-seizes-rp-14-4-billion-in-assets-in-coal-project-corruption-case-1784544884", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }