Kejagung: The Hunt for Eddy Tansil's Assets Is Not Over

The Attorney General’s Office (Kejagung) has stated that it is still tracing other assets belonging to corruption convict Eddy Tansil, who has been a fugitive for 30 years.

The Head of the Asset Recovery Agency (BPA) of the Attorney General’s Office, Kuntadi, emphasised that the seizure of Eddy Tansil’s assets will not stop at the Rp51 billion recently recovered. He explained that according to the valid court ruling, Eddy was ordered to pay a replacement fine of Rp500 billion. Therefore, the Attorney General’s Office continues to trace other assets to recover state financial losses.

“Eddy Tansil was sentenced to pay a replacement fine of Rp500 billion. The assets we successfully traced and seized a short while ago are only worth Rp50 billion, plus three property assets,” he told reporters on Wednesday (24/6).

Kuntadi stated that his office has detected several other valuable assets belonging to Eddy that are still located in Indonesia. He ensured that the state will take control of these assets in the near future. “We will certainly continue to pursue the convict’s assets until his obligations are fully settled,” he said.

Previously, the Asset Recovery Agency of the Attorney General’s Office (BPA Kejagung) announced the handover of Eddy Tansil’s assets to the state. The handed-over assets include Rp51.6 billion in cash, 20 plots of land, villas, and even a factory. These assets were obtained through intensive negotiations with a state-owned bank, which was a merger of four banks, including Bank Bapindo.

The Attorney General’s Office noted that the bank was willing to surrender Eddy Tansil’s assets previously under its control, valued at Rp82,680,537,548.

In addition to the asset hunt, the Attorney General’s Office previously stated that it is still searching for Eddy Tansil, who is suspected of fleeing abroad since 1996. “As of now, we are making efforts, but we have not been successful yet,” said the Head of the Public Relations Centre of the Attorney General’s Office, Anang Supriatna, to reporters at the Attorney General’s Office Building in South Jakarta on Tuesday (23/6).

Regarding information on Eddy Tansil’s location obtained through his family, Anang mentioned that the investigative team has not yet found any clear leads. It is known that the family had voluntarily surrendered some assets a short while ago.

Eddy Tansil is a corruption convict from the New Order era related to the Bank Bapindo embezzlement case. Eddy was proven to have embezzled US$565 million (approximately Rp10.1 trillion at current exchange rates) through Bank Bapindo credits.

In 1994, the Central Jakarta District Court found Eddy guilty. The verdict was upheld through the cassation level in 1995. He was sentenced to 20 years in prison and a fine of Rp30 million. He was also ordered to pay a replacement fine of Rp500 billion and compensate the state for losses of Rp1.3 trillion.

Following his conviction, he was imprisoned at Cipinang Prison. On 4 May 1996, Eddy Tansil escaped from Cipinang prison and has remained missing since. In 2013, the Attorney General’s Office claimed to have received information that Eddy Tansil was in China. However, to this day, his whereabouts remain a mystery. Although Eddy Tansil has not been captured, the Attorney General’s Office continues to process several of his assets in Indonesia. Eddy’s house and other assets have been up for auction since 2021.