Sri Mulyani's Strict Warning With the BLBI Case: We Call For Their Descendants!

JAKARTA - Minister of Finance, Sri Mulyani, emphasized that this time the government would not play around in resolving the Bank Indonesia Liquidity Assistance (BLBI) case which had been stalled for more than 20 years.

According to her, the state has suffered enough from the burden caused by the actions of BLBI obligors and debtors who do not want to return the bailout funds from the central bank.

This assertion was conveyed by the Minister of Finance when holding a press conference in Karawaci Tangerang as well as the Ceremony of Control of Ex-BLBI Assets by the Task Force together with Coordinating Minister for Political, Legal, and Security Affairs Mahfud MD, and several other related officials.

"I will ask all teams (Task Force) to continue to contact these obligors and debtors", she said, Friday, August 27.

In fact, the former IMF and World Bank boss said that the government would still pursue state rights even though obligors and debtors are no longer active in carrying out business activities.

"(The taking of state rights) will continue to be carried out, including to their descendants, because perhaps now the business has been passed on to their descendants", she said.

On this occasion, the Minister of Finance also conveyed that the value of state losses from the central bank bailout 22 years ago reached IDR 110.45 trillion. Of this amount, the government, called the Minister of Finance, is still bailing out the return of funds to Bank Indonesia, both for the principal and interest.

"So we will continue to negotiate with them to get the state's rights back", closed the Minister of Finance, Sri Mulyani.