Again, The BLBI Task Force Confiscates Dozens Of Hectares Of Land Assets In Sukabumi And East Java

The Task Force for Handling State Collection Rights for the Bank Indonesia Liquidity Assistance Fund (BLBI Task Force) is said to have succeeded in controlling tens of hectares of land assets in Sukabumi, West Java and in a number of areas in East Java (East Java).

Head of the BLBI Task Force Rionald Silaban said this action was a series of strategies, programs, and activities to return collection rights to the state.

"The Task Force collects obligors/debtors and handles property assets which are carried out in stages and measurably," he said in a written statement, Friday, September 15.

Rionald explained that the confiscation of assets in Sukabumi was in the form of land with a total area of 19,120 square meters originating from the Tiara/Bank Dynasty (BTO) with an estimated value of Rp11.1 billion.

"Physical control with the installation of a sign by the BLBI Task Force Team and related staff," he said.

Meanwhile, the East Java area is in the form of land with an overall area of 202,662 square meters located in Gresik, Surabaya, and Jombang.

"This confiscation in the form of land is estimated to be worth Rp. 14.9 billion," he said.

Rionald emphasized that these physical control assets will then be optimized in accordance with applicable regulations.

"For the next stage, the BLBI Task Force has planned acts of physical control over property assets spread across various cities/regencies in Indonesia," he concluded.