OJK Chief Speaks Out on the Fate of Lenders' Funds at Shariah Dana Indonesia (DSI)

Jakarta – CNBC Indonesia: The Financial Services Authority (OJK) said it continues to coordinate with the Indonesian Police’s Criminal Investigation Department (Bareskrim) in the enforcement of the case involving PT Dana Syariah Indonesia (DSI), including asset tracing efforts.

Agusman, Executive Director for the Supervision of Financing Institutions, Venture Capital Firms, Microfinance Institutions and Other Financial Service Institutions at OJK, said the agency fully supports Bareskrim as the law enforcement authority after three senior executives of the company were detained by Bareskrim Polri.

‘OJK continues to support the legal action being undertaken by Bareskrim Polri in relation to PT DSI,’ he said in a written statement reported on Friday (6 March 2026).

Agusman explained that previously, through the examination process, OJK had found indications of fraud at PT DSI. The finding was then followed up with a report to law enforcement authorities for further action.

At present, the coordination between OJK and Bareskrim Polri is ongoing, including in the process of tracing the company’s assets and other assets suspected to be related to the placement of funds by lenders.

‘Coordination with Bareskrim Polri remains ongoing, including in the process of tracing PT DSI’s assets and/or other assets suspected of being connected with lenders’ fund placements, to support the process of recovering lenders’ funds in accordance with applicable provisions,’ he said.

Additionally, he noted that OJK is closely monitoring developments surrounding the planned General Meeting of Lenders (RUPD) involving the lenders.

‘This includes ensuring there are authorities empowered to act and represent the company if the directors are unable to convene the RUPD, so that governance processes and communications with lenders continue,’ he concluded.