JAKARTA - The Attorney General's Office (AGO) arrested the President Director of PT Sri Rejeki Isman (Sritex), Iwan Setiawan Lukminto. The arrest of alleged corruption related to the provision of credit from national and regional banks at PT Sritex.
"It is true that someone with the initials IS has been arrested," said Head of the District Attorney General's Office, Harli Siregar, Wednesday, May 21.
The arrest of Iwan Setiawan Lukminto took place in Solo, Central Java, on Tuesday, May 20. However, it was not clearly conveyed about the arrest process.
Currently, Iwan Setiawan Lukminto is at the AGO. A series of examinations will be carried out with the capacity as witnesses.
"The person concerned was arrested last night in Solo and taken to the AGO, is currently being examined as a witness," said Harli.
Previously, the AGO was reviewing indications of state losses in the alleged corruption case related to the provision of credit from national and regional banks at PT Sritex.
Meanwhile, PT Sritex was declared bankrupt in October 2024 and officially stopped operations as of March 1, 2025.
The bankruptcy curator of PT Sritex recorded debt bills from creditors of the textile company with a total of Rp29.8 trillion. In the list of fixed receivables, 94 concurrent creditors, 349 preferential creditors, and 22 separatist creditors were recorded.
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Preferent creditors or creditors with rights preceded because of their receivables by law were given special positions, including the Sukoharjo Primary Tax Service Office, Surakarta and Semarang Customs and Excise Offices, the Office of the Directorate General of Customs and Excise for the Central Java-DIY Region, and the Foreign Capital Tax Service Office IV.
Meanwhile, in the list of separatist and concurrent creditors, there are bills from a number of banks and companies that are colleagues of the textile factory. In the bills submitted by several financial institutions, there are very large amounts of receivables.
In the end, the creditor meeting in PT Sritex's bankruptcy agreed that there would be no business sustainability or going concern, which would then be settled on debt.
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