Indonesian Political, Business & Finance News

Respecting Legal Process, BRI Cooperative Regarding KoinWorks Case

| Source: CNBC Translated from Indonesian | Legal
Respecting Legal Process, BRI Cooperative Regarding KoinWorks Case
Image: CNBC

Jakarta, CNBC Indonesia - PT Bank Rakyat Indonesia (Persero) Tbk (BRI) prioritises the principles of good corporate governance (GCG), including in responding to issues related to the designation of three PT LAT management personnel as suspects in the KoinWorks corruption case, which allegedly involved the manipulation of credit applications. BRI’s management, through its official statement, stated that it respects the law enforcement process currently being carried out by the authorities regarding the alleged criminal act of corruption in the disbursement of funds through the KoinWorks fintech platform. As is known, the Jakarta Special Region High Prosecutor’s Office has named three suspects in the KoinWorks fintech credit application manipulation case. The three suspects in this case are Mr. BAA (Operational Director of PT LAT from 2021 to the present); Mr. BH (President Director of PT LAT from 2015 to 2022 and Commissioner of PT LAT from 2022 to the present); and Mr. JB (President Director of PT LAT from 2024 to the present). All the suspects, as executives of PT LAT, the owner of the KoinWorks fintech, collaborated with improper analysis. They also submitted and disbursed unlawful financing from a state-owned bank to several customers. “The company will act cooperatively and follow all processes in accordance with applicable provisions,” said BRI Corporate Secretary Dhanny in an official statement received by CNBC Indonesia on Thursday (7/5/2026). In addition, BRI’s management emphasised that in carrying out its business and operational activities, BRI always prioritises GCG principles, prudent banking, and risk management in every company business process. “As part of the company’s commitment to Good Corporate Governance, BRI continues to strengthen the supervision system and risk management across all business lines to ensure that all operational activities run in accordance with regulations and principles of prudence,” Dhanny concluded.

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