State Loss Up To 60 Million US Dollars, 5 People Become LPEI Corruption Suspects

The Corruption Eradication Commission (KPK) has named five people as suspects in connection with allegations of corruption in the provision of credit facilities by the Indonesian Export Financing Agency (LPEI).

They were charged for allegedly causing state losses of up to tens of millions of US dollars.

"The KPK then named five suspects, namely DW and AS as Directors of LPEI and JM, NN, SMD as debtors," said Acting Director of KPK Investigation Budi Sokmo to reporters at the KPK's Merah Putih building, Kuningan Persada, South Jakarta, Monday, March 3.

Meanwhile, based on the information obtained, the five people are Dwi Wahyudi as Managing Director I of LPEI; Arif Setiawan as Managing Director IV of LPEI; Jimmy Masrin, Newin Nugroho, and Susy Mira Dewi Sugiarta as debtor of PT Petro Energy.

Returning to Budi, this case occurred because it was suspected that there was a conflict of interest or a conflict of interest. In fact, there was a meeting to smooth out the credit granting process.

Then LPEI is also suspected of providing credit facilities to PT Petro Energy even though the company is not feasible. "The LPEI Director does not control the correctness of credit use according to MAP," he said.

The KPK also mentioned that PT Petro Energy had falsified purchase documents and invoices. Then, also window dressing or consolidation efforts were carried out on the company's financial statements.

The credit facility used is also called the KPK not in accordance with actual conditions. In fact, Budi said, an agreement had been signed.

"For the provision of credit facilities by LPEI specifically to PT PE, it is suspected that it has resulted in state losses of 60 million US dollars," said Budi.

As for the current rupiah exchange rate, the state losses incurred by the suspects reached Rp988.5 billion. Even so, these five suspects have not been detained by the anti-corruption commission.

"KPK is still completing the evidence in the process of investigating this case," concluded Budi.