Jakarta \u2013 The government will provide special treatment for investors\npurchasing Patriot Bond and Merah Putih Bond debt instruments issued by\nBPI Danantara. This is enacted through the latest Financial Sector\nDevelopment and Strengthening Law (UU P2SK), where Article 50A paragraph\n(5) states that the state guarantees and protects the purchase of these\nspecial debt instruments from various prosecutions. These include\nprosecution for general crimes, prosecution for special crimes including\ntax crimes, and all forms of civil lawsuits.<\/p>\n
When confirmed, Finance Minister Purbaya Yudhi Sadewa explained that\nunder the regulation, the government does not question the origin of the\nfunds used to purchase these bonds. However, he stressed that law\nenforcement can still be pursued outside of this context.<\/p>\n
\u201cThe correct interpretation is that the money used for Patriot Bonds\nwill not have its source scrutinised, that\u2019s it,\u201d Purbaya said at\nTanjung Priok Port, North Jakarta, on Tuesday, 23 June 2026. \u201cBut if he\nhas other businesses, those can still be pursued. If he conducts illegal\nbusiness\u2026 but the money that has entered here is safe,\u201d he added.<\/p>\n
Rather than viewing the rule as potentially facilitating illegal\nmoney laundering practices, Purbaya stated that the measure is intended\nto keep funds within the national financial system. \u201cRather than the\nmoney remaining outside, it\u2019s better to bring it into the system. There\nis a slight loss, but in my view, the money enters our economy. We can\nuse it for development,\u201d he explained.<\/p>\n
For reference, Article 50A paragraph (5) of the UU P2SK affirms that\nthe state guarantees and protects the purchase of these special debt\ninstruments from general criminal prosecution, special criminal\nprosecution including tax crimes, and all forms of civil lawsuits.<\/p>", "url": "https:\/\/jawawa.id\/newsitem\/purbaya-addresses-allegations-danantara-bonds-could-facilitate-money-laundering-1782204769", "image": "" }, "sponsor": "Okusi Associates", "sponsor_url": "https:\/\/okusiassociates.com" }