Indonesian Political, Business & Finance News

Former Bank NTB Syariah CEO Questioned Again Over Rp 11 Billion Loan Case

| Source: DETIK_BALI Translated from Indonesian | Legal
Former Bank NTB Syariah CEO Questioned Again Over Rp 11 Billion Loan Case
Image: DETIK_BALI

Former president director of Bank NTB Syariah, Kukuh Rahardjo, has been questioned again by the West Nusa Tenggara (NTB) High Prosecutor’s Office. The examination relates to an alleged corruption case involving a Rp 11 billion loan to PT Carsten Group Indonesia (CGI).

Kukuh was examined as a party with knowledge of the financing approval process. He had previously been questioned twice by NTB High Prosecutor’s Office investigators.

Kukuh’s legal counsel, Padil, said this examination was a continuation of the previous one.

“Today is a continuation of yesterday’s session,” Padil said when met at the NTB High Prosecutor’s Office on Thursday (27/8/2026).

During the examination on Wednesday (19/8), Kukuh was asked around 40 questions. This session has now reached question 52.

“We have now reached question 50. Yesterday (Wednesday, 19/8/2026) we got to 41. Since this morning, it continued from 42, and now we are at around 52,” he said.

Head of Public Information at the NTB High Prosecutor’s Office, Muhammad Harun Al Rasyid, confirmed the examination.

“Yes, it is a follow-up examination,” Harun said.

Harun said Kukuh was being examined regarding the performance of his duties and authority while serving as president director of Bank NTB Syariah. He was also questioned about his role as a member of the board-level financing decision committee.

“He is providing testimony regarding the performance of his duties and authority, both as president director and as a member of the board-level financing decision committee that approved the financing to PT Carsten Group Indonesia in 2023,” he said.

The NTB High Prosecutor’s Office had previously examined a number of witnesses, including former financing director of PT Bank NTB Syariah Muhamad Usman and former director of PT Samota Enduro Gemilang (SEG) Taufan Rahmadi.

Investigators also searched the Bank NTB Syariah office on Jalan Udayana, Mataram City, on Thursday (23/7). More than 100 documents were seized during the search.

“Following the search, several documents have been seized, approximately more than 100 documents,” Harun said.

The NTB High Prosecutor’s Office has elevated the case involving the Rp 11 billion capital loan to PT CGI from inquiry to investigation. The loan is suspected of not following proper mechanisms and of involving unlawful acts that could potentially cause state losses.

“Yes, clearly, if it has been elevated to investigation, there is potential for state losses,” said Assistant for Special Crimes at the NTB High Prosecutor’s Office, Muh Zulkifli Said.

The amount of potential state losses has not yet been disclosed. The NTB High Prosecutor’s Office is still working with the Audit Board of Indonesia (BPK) to calculate the figure.

“We are still conducting further examination,” he said.

The PT CGI working capital loan case is separate from the alleged corruption in the organisation of the 2024 Motocross Grand Prix (MXGP), which was also financed by Bank NTB Syariah. The MXGP case remains at the inquiry stage.

Meanwhile, the corruption case involving the 2023 Lombok Sumbawa Motocross Competition (LSMC) event, worth Rp 24 billion, has entered the investigation stage. The event’s funding came from the Ministry of Tourism and Creative Economy.

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