Money Changer in Cipete Quiet After Police Raid Over Three Corruption Cases
A money changer in the Cipete area of South Jakarta was closed on Thursday, a day after being searched by the National Police in connection with investigations into three major corruption cases. The cases involve alleged corruption in coal procurement at the state electricity company PLN, financial mismanagement at the armed forces’ insurer ASABRI, and debt arrangements at steelmaker Krakatau Steel.
Based on observations at the location on Thursday (9/7/2026) at 1:00 PM WIB, the money changer is situated on the ground floor of a shop house next to the de’Clan Signature café, which was also raided. The unit, located in a corner near the lift, appeared closed with a sign reading ‘tutup’ (closed) on the door, while other tenants in the building operated normally.
During the raid on Wednesday, police seized 71 items of evidence and 16 foreign currencies with a total value of approximately Rp 7.2 billion. The head of the National Police’s Corruption Crime Directorate, Inspector General Totok Suharyanto, stated that the investigation is ongoing and all seized evidence will be thoroughly examined by the investigative team.