Bareskrim Assigns JK's Nephew, Ex-CEO Of Bosowa Corporindo Sadikin Aksa, To Be A Suspect

JAKARTA - The Directorate of Special Economic Crimes (DitTipideksus) Bareskrim Polri has named the former President Director of PT Bosowa Corporindo Sadikin Aksa as a suspect. SA is suspected of being involved in a criminal case in the financial services sector.

"Yes, he is a suspect," said the Director of Tipideksus, Bareskrim Polri, Brig. Gen. Helmy Santika, quoted by Antara, Wednesday, March 10.

Helmy explained that Jusuf Kalla's nephew — known as Sadikin Aksa — was a suspect for an act he allegedly neglected and / or failed to carry out a written order from the Financial Services Authority (OJK).

The determination of the suspect, according to Helmy, was carried out after going through the case title process. The investigator obtains the facts of the results of the investigation and evidence, thus establishing SA as a suspect in the case.

SA is suspected of violating Article 54 of Law Number 21 of 2011 concerning the Financial Services Authority with the threat of imprisonment of a minimum of two years and a fine of at least IDR 5 billion or a maximum imprisonment of six years and a maximum fine of IDR 15 billion.

In investigating this case, investigators have examined 21 witnesses from the OJK, Bank Bukopin, KB Kookmin, Kopelindo, BRI's Technical Assietance Team and Bosowa Corporindo.

In addition, three expert witnesses, namely criminal, state and corporate governance have also been examined.

Helmy explained, it was known that since May 2018, PT Bank Bukopin, Tbk. has been designated as a Bank under intensive supervision by OJK due to problems with liquidity pressure. This condition got worse from January to July 2020.

In an effort to save Bank Bukopin, OJK issued a policy including giving a written order to the President Director of PT Bosowa Corporindo on behalf of SA through OJK letter number: SR-28 / D.03 / 2020 dated 9 July 2020.

The letter contains a written order for the granting of special powers to the Technical Assistance Team (TA Team) from PT BRI to be able to attend and exercise voting rights at the Extraordinary General Meeting of Shareholders (EGMS) of PT Bank Bukopin Tbk with a deadline for granting power of attorney and submitting a report of granting power of attorney to OJK no later than July 31, 2020.

"However, PT Bosowa Corporindo did not carry out the written order," said Helmy.

In the investigation, it was discovered that after the letter from OJK was issued on July 9, 2020, SA resigned as President Director of Bosowa Corporindo on July 23, 2020.

On July 24, 2020, SA was still active in joint activities with the shareholders of Bank Bukopin as well as meeting with the OJK on July 24, 2020.

"However, he did not inform about his resignation as President Director of PT Bosowa Corporindo," explained Helmy.

SA on July 27, 2020 also sent a photo of the Power of Attorney via the "whatsapp" application to the Managing Director of Bank Bukopin stating his position as President Director of PT Bosowa Corporindo, continued Helmy Santika.

In this case the investigator has also confiscated letters and documents related to the case, namely a written order along with a warning and warning letter from the OJK.

PT Bosowa Corporindo is a 23 percent shareholder in Bank Bukopin. Previously, at the Extraordinary General Meeting of Shareholders (EGMS) of Bank Bukopin, shareholders had decided to take corporate action through the Capital Increase without Preemptive Rights (PMTHMETD) scheme or more commonly known as a private placement.

However, at the meeting, the owner of 23 percent stake in Bank Bukopin, namely PT Bosowa Corporindo, chose to leave the meeting, aka the walkout.