OJK's Promise To Clean Up Illegal Loans To Remote Areas Of The Archipelago

JAKARTA - Chairman of the Board of Commissioners (OJK) Wimboh Santoso promised to continue to eradicate illegal online loan services (pinjol) throughout the country.

Wimboh Santoso said OJK would strengthen cooperation with the National Police Headquarters, the Ministry of Communication and Information (Kemkominfo) and other related parties, to close illegal or unregistered online loan companies.

"In the future, we will continue to carry out all areas of Indonesia, educate the entire community and eradicate illegal products," said Wimboh, Friday, October 15.

According to him, OJK already has a memorandum of understanding with the Indonesian Police, the Ministry of Communication and Information, the Ministry of Cooperatives and SMEs, and Bank Indonesia to collaborate in eradicating illegal loans.

He advised people who want to get funding facilities from loan or technology-based funding services (fintech), to only work with loans that are registered and licensed by the OJK.

The public, said Wimboh, can contact OJK at telephone contact 157 to check the legality of the loan, or through Whatsapp contact 081157157157, and consumer electronic messages@ojk.go.id. The public can also see a list of official loan companies that have obtained OJK permission on the website www.ojk.go.id.

The Ministry of Communication and Information (Kemkominfo) continues to increase cooperation with the Financial Services Authority (OJK), Bank Indonesia, and partner ministries and institutions in cleaning up Indonesia's digital world from the presence of unlicensed or illegal financial technology or fintech.

"From 2018 to October 10, 2021, access to 4,873 online fintech content has been cut off, spread across various platforms," said Minister of Communication and Information (Menkominfo) Johnny G. Plate, quoted from the Kemkominfo website, Wednesday, October 13.

A total of 4,873 online fintech content is spread across various platforms such as websites, marketplaces, applications, social media, and data sharing services. Johnny emphasized that the government and business partners will not provide space for any fintech content that is not in accordance with applicable laws and regulations.