BPKN: DSI Case Can Be Prosecuted Under Article 63 of the Consumer Protection Law

Jakarta (ANTARA) - Chairman of the National Consumer Protection Agency (BPKN), Mufti Mubarok, stated that the case of payment default involving PT Dana Syariah Indonesia (DSI) can be prosecuted under the provisions of Article 63 of the Consumer Protection Law.

He requested that law enforcement agencies also apply the criminal provisions in the law to optimally protect the rights of the public as consumers.

“In terms of supervisory authority, this is indeed the area of the Financial Services Authority (OJK). However, if there are elements of consumer losses due to negligence, breach of contract, or alleged fraud, then the criminal provisions in Article 63 of the Consumer Protection Law must be applied,” said Mufti Mubarok in Jakarta on Wednesday.

As an institution with supervisory and consumer protection functions, he assessed that the case of DSI’s payment default or alleged fraud is not only an administrative issue in the financial services sector but also potentially falls under criminal consumer protection.

He explained that Article 63 of the Consumer Protection Law clearly regulates criminal sanctions for business actors who violate provisions that harm consumers.

These violations include failing to fulfill the obligation to always fulfill consumers’ rights to security and certainty regarding funds placed in the institution.

“We ask law enforcement agencies to ensure that consumer rights are protected. The principle of consumer protection must be a priority, including the return of funds to the public who are victims,” said Mufti.

His agency will continue to monitor the development of the case and coordinate with OJK and law enforcement agencies.

He said that this case is an important reminder of the importance of strict supervision of institutions that manage public funds and the need for firm law enforcement to maintain public trust in the national financial system.

“The state must be present to ensure that the public is not harmed. Law enforcement and the restoration of consumer rights must be carried out firmly and transparently,” said Mufti.

OJK has conducted special supervision of DSI from August to December 2025 and reported the alleged criminal fraud of the company to the National Police’s Criminal Investigation Agency (Bareskrim) in October 2025.

The National Police has confiscated the DSI office on Wednesday (February 18) and Thursday (February 19), and detained three suspects, namely DSI Director TA, DSI Commissioner ARL, and DSI shareholder and former Director MY, on February 9 and February 13, 2026.

TA had previously stated the company’s commitment to fully return the funds of the lenders.