Indonesian Political, Business & Finance News

Asset Recovery Agency succeeds in recovering state losses on target

| Source: ANTARA_ID Translated from Indonesian | Legal
Asset Recovery Agency succeeds in recovering state losses on target
Image: ANTARA_ID

The Indonesian Attorney General’s Office’s Asset Recovery Agency (BPA) has, in its two years of operation, succeeded in recovering state losses in line with targets set by the state. BPA head Kuntadi stated during a press conference in Jakarta on Wednesday that the agency was given a target in 2024 to recover state losses through Non-Tax State Revenue (PNBP) amounting to Rp1.4 trillion, and it successfully recovered Rp1.43 trillion. “In 2025, our target was Rp2.4 trillion, and we managed to recover and deposit into the state treasury a total of Rp19,654,408,850,955.00,” Kuntadi said. The former Director of Investigation for the Junior Attorney General for Special Crimes explained that the high achievement was largely derived from the special crimes division’s efforts to seize proceeds from corruption offenders. For 2026, the BPA has been given a PNBP target of Rp3.2 trillion from asset recovery in corruption cases. As of June 2026, Rp1.7 trillion has already been deposited into the state treasury. He noted that from this Rp1.7 trillion, more than Rp20 billion was successfully recovered for losses suffered by the public in cases outside special crimes. Kuntadi expressed confidence that the BPA’s 2026 performance target will be met, supported by several policies adopted by the agency to accelerate the resolution of state-seized assets. Separately, Kuntadi revealed that the BPA manages 27,753 assets spread across Indonesia, with management carried out by district and high prosecutor’s offices under the BPA’s control. “Meanwhile, 1,376 assets valued at Rp2 trillion are under the full control of the BPA,” he disclosed. To enhance effectiveness, the BPA has operationalised 64 storage facilities for seized objects across 33 provinces, supplementing the evidence warehouses at high and district prosecutor’s offices. Kuntadi added that the BPA was established to trace, confiscate, and manage assets derived from criminal acts, as well as to recover such assets. The agency’s formation responds to a paradigm shift in law enforcement, which is no longer solely oriented towards punishing perpetrators but has moved towards recovering losses suffered by victims of crime. “The victims of crime in this context can be the public in cases of general crime such as fraud, forgery, and so on, but it can also be the state in cases of criminal acts that cause state financial losses,” Kuntadi said.

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