Three Defendants in Sritex Credit Corruption Case Acquitted

The Semarang Corruption Court panel of judges has issued an acquittal verdict for former Bank Jateng CEO Supriyatno in the alleged corruption case concerning credit for PT Sritex. In addition to Supriyatno, the panel also acquitted former Bank BJB CEO Yuddy Renaldi. “We declare the defendant not proven guilty of the entirety of the prosecutor’s charges. We order the defendant to be immediately released after this verdict is pronounced,” stated presiding judge Rommel Franciskus Tampubolon during the hearing in Semarang, as reported by Antara on Friday (8/5/2026). According to the judges, the defendant was not proven to have intervened to ensure the approval of PT Sritex’s credit application. Furthermore, the defendant was not proven to have pressured the credit analysis team in that application. The defendant was not proven to have carried out interventions, and there was no conflict of interest in deciding on PT Sritex’s credit. The judge stated that the defendant was not proven to have abused authority or position in the credit application. The judge stated that PT Sritex’s inability to repay the credit was caused by planned manipulation of financial reports. That condition, said the judge, is not the responsibility of the defendant. In the case, Supriyatno and Yuddy were demanded 10 years in prison by the public prosecutor. Besides those two names, the judge also issued an acquittal for Bank BJB’s Head of Corporate and Commercial Division, Dicky Syahbandinata. On the other hand, the Semarang District Court has issued a guilty verdict against two former Sritex bosses. The judge sentenced Iwan Setiawan Lukminto (Iwan) to 14 years in prison and Iwan Kurniawan Lukminto (Wawan) to 12 years in prison. The judge also imposed a fine of Rp 1 billion each on Iwan and Wawan. Iwan and Wawan were also ordered to pay restitution of Rp 677 billion each.