KPK Confiscates IDR 100 Million Related To Alleged Investment Corruption Of PT Taspen After Searching 4 Locations

JAKARTA - The Corruption Eradication Commission (KPK) confiscated money in foreign and rupiah currency denominations after searching four locations after January 16-17. This forced effort was carried out by investigators related to the alleged corruption in PT Taspen (Persero) fictitious investment that ensnared Antonius NS Kosasih as a former director.

"KPK has confiscated in the form of cash in rupiah currency and foreign currency which if converted into around Rp. 100 million," said KPK spokesman Tessa Mahardhika to reporters in a written statement, Saturday, January 18.

Tessa revealed that the four locations searched by investigators were two houses, one apartment, and an office. However, he did not specify exactly where.

"The series of investigative activities are related to the handling of cases of alleged corruption related to investment activities of PT Taspen (Persero) for the 2019 fiscal year," he said.

Previously reported, the KPK has detained former Director of PT Taspen (Persero) Antonius NS Kosasih and former President Director of PT Insight Investment Management Ekiawan Heri Primayanto regarding the alleged corruption of fictitious investments in the state-owned company. Their actions allegedly cost the state up to Rp200 billion.

This case began when PT Taspen (Persero) placed an investment of IDR 1 trillion in the RD I-Next G2 mutual fund managed by PT Insight Investment Management. The private company then spread it to a number of investments but not according to the rules.

In detail, Rp78 billion is managed by PT Insight Investment Management. Then, as much as Rp2.2 billion is managed by PT VSI; Rp102 million is managed by PT PS; Rp44 million goes to PT SM; and other parties affiliated with Kosasih and Ekiawan.

In this case, the investigative team has also searched two apartment units in Rasuna Said, South Jakarta on January 8 and 9. From these forced attempts, the anti-corruption commission confiscated Rp300 million in foreign currency US dollars, Singapore dollars, pounds, won, and baht.

Not only that, investigators also confiscated a number of luxury bags, documents or letters related to ownership of assets and electronic evidence allegedly related to the case being investigated.