The Criminal Investigation Agency (Bareskrim) of the Indonesian\nNational Police has stated that the investigation into money laundering\n(TPPU) involving PT Indosterling Optima Investa has concluded, following\nthe declaration that the case files for suspect SWH are complete (P-21)\nby the public prosecutor.<\/p>\n
Brigadier General Ade Safri Simanjuntak, Director of Special Economic\nCrimes at Bareskrim Polri, stated in a written briefing in Jakarta on\nFriday that the completion of the files was based on a letter from the\nHead of the Central Jakarta District Attorney\u2019s Office dated 10 August\n2026.<\/p>\n
\u201cThe investigation regarding money laundering (TPPU) originating from\nthe predicate offence of banking crimes has been declared complete\n(P-21) by the Public Prosecutor,\u201d said Ade Safri.<\/p>\n
The money laundering case is an extension of the predicate offence\ninvolving the collection of public funds in the form of deposits without\na business permit from the Financial Services Authority (OJK). The\ninvestigation was conducted after the predicate offence case was\nseparated from the money laundering case.<\/p>\n
Funds were collected by offering interest rates of 9 to 13 per cent\nthrough the issuance of High-Yield Promered Notes (HYPN). A default\noccurred in 2020, which led to Suspension of Debt Payment Obligations\n(PKPU) proceedings and a report to Bareskrim Polri.<\/p>\n
In the predicate offence case, SWH was found guilty at the cassation\nlevel and sentenced to 10 years in prison and a fine of Rp10 billion,\nbased on Supreme Court Decision Number 5937 K\/Pid.Sus\/2022 dated 28\nNovember 2022. SWH is currently serving his sentence at the Class I\nSukamiskin Prison in West Java.<\/p>\n
Investigators subsequently traced the use of funds collected through\nseveral PT Indosterling Optima Investa accounts. Based on the\ninvestigation results, the funds were used to pay fixed interest or\ncoupons to HYPN holders, principal disbursements, commissions for\napproximately 500 agents, operational costs and salaries, as well as\ntransfers to affiliated companies and several accounts under the orders\nof SWH.<\/p>\n
Bareskrim has seized eight plots of land and buildings spread across\nNorth Jakarta, Tangerang, Central Jakarta, and Malang, as well as five\nfour-wheeled vehicles.<\/p>\n
Ade Safri stated that investigators have taken several steps to trace\nand secure assets suspected to be related to the crime. \u201cThe\ninvestigative steps taken include the search of the PT Indosterling\nOptima Investa office, the seizure of documents, coordination with the\nOJK and PPATK, as well as the seizure of assets consisting of eight\nunits of land and buildings and five vehicles,\u201d said Ade Safri.<\/p>\n
Furthermore, investigators examined banking and money laundering\nexperts and submitted the case files to the public prosecutor until they\nwere declared complete. With the P-21 status, Bareskrim investigators\nwill proceed to Phase II, which involves the handover of the suspect and\nevidence to the public prosecutor for further legal proceedings.<\/p>\n
The case is being handled based on two police reports:\nLP\/B\/0311\/VI\/2020\/BARESKRIM dated 10 June 2020 and\nLP\/B\/0364\/VII\/2020\/BARESKRIM dated 6 July 2020.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/money-laundering-case-involving-pt-indosterling-optima-declared-complete-1788498043", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }