The Attorney General's Office revealed that state losses due to alleged corruption in providing credit facilities by three regional banks to PT Sri Rejeki Isman Tbk (Sritex) and its subsidiary reached more than IDR 1 trillion.
"It has resulted in a state loss of approximately Rp. 1,088,650,808,028," said Director of Investigation at the Junior Attorney General for Special Crimes (Jampidsus), Nurcahyo Jukung Madyo, in Jakarta, Monday night, July 21.
He added that the exact amount of state financial losses is still in the process of verification and calculation by the Indonesian Supreme Audit Agency (BPK).
Based on data from the Prosecutor's Office, loans that have not been repaid by PT Sritex until October 2024 reached a total of IDR 3.5 trillion from various financial institutions. Specifically from three regional banks, the credit value consists of IDR 395.6 billion from Bank Jateng, IDR 543.9 billion from Bank BJB, and IDR 149 billion from Bank DKI Jakarta. The total amount of the three banks reached around IDR 1.088 trillion.
In this case, the Attorney General's Office has named 11 suspects, including a number of bank officials and executives of PT Sritex. The suspects came from the management of PT Sritex as well as the leadership and business division ranks in the three regional banks involved.
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Investigators suspect that credit is given without fulfilling the precautionary principle and is contrary to the internal banking provisions, causing great potential for state losses.
The investigation process is still ongoing to reveal the flow of funds and the possible involvement of other parties in the credit administration scheme.
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