Indonesian Political, Business & Finance News

Semarang Court Sentences David Tihang Prakasa to Two Years for Fiducia Document Forgery

| | Source: MEDIA_INDONESIA Translated from Indonesian | Legal
Semarang Court Sentences David Tihang Prakasa to Two Years for Fiducia Document Forgery
Image: MEDIA_INDONESIA

The Semarang District Court (PN) has sentenced defendant David Tihang Prakasa Srikuning, also known as David Tjahjadi Gunawan, to two years in prison in a fiduciary document forgery case under case number 198/Pid.Sus/2026/PN.Smg. The panel of judges delivered the verdict on 27 July 2026.

The panel of judges declared the defendant legally and convincingly proven guilty of committing the criminal act of providing misleading information that led to the creation of a fiduciary agreement, as stipulated in Article 35 of Law Number 42 of 1999 concerning Fiduciary Guarantee, in conjunction with Law Number 1 of 2026 concerning Criminal Adjustments.

In addition to the two-year prison sentence, the panel of judges also imposed a fine of Rp30 million. If the fine is not paid, the convicted person’s assets and income will be seized and auctioned. If the auction proceeds are insufficient, the fine will be replaced by 30 days of confinement.

The case began in March 2024 when the defendant applied for two credit facilities from PT Bank Perekonomian Rakyat (BPR) Pollux: a Term Instalment Credit (KAB) worth Rp100 million and a Short-Term Credit (KJP) worth Rp350 million. The credit was disbursed on 21 March 2024, secured against two BMW cars bound by fiduciary deeds and certificates. However, after making six instalment payments, the defendant stopped fulfilling the principal and interest payment obligations.

During the trial, it was revealed that the defendant allegedly used a different identity to apply for the credit in order to conceal a problematic credit record in the Financial Information Service System (SLIK) of the Financial Services Authority (OJK). Furthermore, the defendant submitted two counterfeit vehicle registration books (BPKB) as collateral, while the original vehicle documents were still pledged as collateral at another financial institution.

Responding to the verdict, BPR Pollux’s legal counsel, Luhut Sagala, stated that the company respects the legal process and appreciates the panel of judges’ decision. “PT BPR Pollux respects and honours the Semarang District Court’s decision and appreciates the performance of the panel of judges and law enforcement officials as a manifestation of fair and transparent law enforcement,” Sagala said in a written statement.

He added that the legal action taken is a form of BPR Pollux’s commitment to maintaining customer trust, protecting company assets, and securing public funds from actions that harm the bank. “The firmness of this legal action is a form of BPR Pollux’s commitment and moral responsibility in safeguarding the trust of customers, securing bank assets, and protecting public funds from acts of bad faith by certain parties,” he said.

Sagala added that BPR Pollux will continue to pursue legal action against any party that commits unlawful acts and harms the bank or its customers. However, BPR Pollux noted that the verdict is not yet legally binding (inkracht), so the legal process may still continue in accordance with applicable regulations.

View JSON | Print