Bareskrim Detains Former OJK Executive in Dana Syariah Indonesia Embezzlement Case
The Directorate of Special Economic Crimes (Dittipideksus) of the Indonesian National Police Criminal Investigation Unit (Bareskrim) has officially detained FH, a former senior official at the Financial Services Authority (OJK) during the 2017-2018 period. FH was detained in connection with a fraud and embezzlement case involving PT Dana Syariah Indonesia.
“Coercive detention measures have been taken against one new suspect in the handling of the PT Dana Syariah Indonesia (PT DSI) case, namely Suspect FH, at the Bareskrim Detention Centre for investigative purposes,” said Dirtipideksus Bareskrim Polri Brigadier General Ade Safri Simanjuntak in a statement on Saturday (20/6/2026).
Ade Safri explained that FH was detained after undergoing questioning at Bareskrim on Friday (19/6). FH was grilled with 79 questions by investigators.
“The examination of Suspect FH lasted approximately 8 hours. During the examination, investigators posed 79 questions to the suspect, who was accompanied by his legal counsel,” Ade Safri clarified.
Following the examination, investigators decided to detain FH for the next 20 days. FH will be held in a detention cell from 19 June to 8 July 2026.
After the detention, Ade Safri confirmed that a tracing of FH’s assets would be conducted. This is being done to recover the losses of victims entangled in the PT Dana Syariah Indonesia case.
“The investigative team will continue to optimise and intensify asset tracing, coordinating with PPATK, OJK, and other relevant institutions such as the Traffic Corps of the Indonesian National Police and the National Land Agency in order to optimise the recovery of victims’ losses (asset recovery),” he stressed.
In addition to tracing his assets, he stated that his party is also facilitating victims to obtain their rights through restitution or compensation mechanisms. Investigators are coordinating with public prosecutors (JPU) and the Witness and Victim Protection Agency (LPSK).
“Investigators continue to coordinate effectively with the public prosecutor and LPSK regarding the restitution application process submitted by the victims to LPSK. We are facilitating so that the victims’ rights can be fulfilled and accommodated,” Ade Safri concluded.
FH’s Role
Previously, Ade Safri explained that FH was the founder and advisor, as well as the Director of Operations and Information Systems Architecture of PT Dana Syariah Indonesia for the 2014-2017 period. FH was also recorded as having served as Director of the Digital Financial Innovation Group at OJK for the 2017-2018 period. Additionally, FH held the position of Director of Information Technology and Risk Management at the Indonesia Stock Exchange (BEI) from 2018 to 2022.
“(FH) founded and held positions in several other affiliated companies, namely Commissioner of PT MBI, President Director of PT ITM, Commissioner of PT DPL, and majority shareholder in PT BA, PT SFU and PT SRU,” said Brigadier General Ade Safri to reporters on Thursday (11/6/2026).
FH also acted as a nominee shareholder without capital contribution in PT Dana Syariah Indonesia. FH also actively participated in and provided advice during meetings for the development of PT DSI, both at General Meetings of Shareholders (RUPS) and weekly meetings.
“(FH) actively sought and recommended contacts or prospective investors or super lenders for PT DSI,” he explained.
FH is alleged to have known about fictitious project campaigns uploaded to the PT DSI website and application to attract lenders to invest their funds, and actively attended events organised by PT DSI.