PPATK Temporarily Stop FPI Transactions And Account Activities, Alleged Money Laundering Is Being Analyzed
JAKARTA - The Financial Transaction Reports and Analysis Center (PPATK) has temporarily suspended transactions and account activities of the Islamic Defenders Front (FPI) and its affiliates.
This is in accordance with the authorities stipulated in Law Number 8 of 2010 concerning the Prevention and Eradication of Money Laundering (TPPU Law) and Law Number 9 of 2013 concerning the Prevention and Eradication of Terrorism Financing Crimes.
In a written statement received by VOI, Tuesday, January 5, PPATK stated that the temporary suspension of transactions and activities of FPI accounts and their affiliates was carried out in the context of implementing the function of analysis and examination of reports and information on financial transactions indicating money laundering and / or other criminal acts. .
Determination of the cessation of all FPI activities or activities as stipulated in the Joint Decree (SKB) of the Minister of Home Affairs,
The Minister of Law and Human Rights, Minister of Communication and Information Technology, Attorney General, Chief of Police and Head of the National Counterterrorism Agency concerning Prohibition of Activities, Use of Symbols and Attributes and Termination of FPI Activities are decisions that need to be followed up by PPATK in accordance with their authority.
In carrying out its analysis and inspection functions, the PPATK as a financial intelligence institution (Financial Intelligent Unit) has several main powers, one of which is the authority to request financial service providers (PJK) to temporarily suspend all or part of transactions known or suspected to be the result of criminal acts as regulated in Article 44 paragraph (1) letter i of the TPPU Law.
The actions taken by the PPATK referred to are actions provided by law to prevent any attempts to transfer or use funds from an account which is known or suspected to be the result of a criminal act.
Currently, in accordance with the duties, functions and authorities given by the law, PPATK is conducting tracing of financial accounts and transactions.
For the effectiveness of the analysis and examination process, PPATK has also temporarily suspended all financial transaction activities from FPI, including the temporary suspension of all individual transaction activities affiliated with FPI.
Efforts to temporarily suspend financial transactions conducted by PPATK will be followed up by submitting the results of analysis or examination to investigators so that they can be followed up with a law enforcement process by the competent authorities.