Narrowing The Money Laundering Gap, LPEI And PPATK Agree To Strengthen Cooperation

The signing of the cooperation between LPEI and PPATK (Photo: Doc. Ministry of Finance)

JAKARTA - The Indonesian Export Financing Agency (LPEI) of the Ministry of Finance and the Center for Financial Transaction Reports and Analysis (PPATK) are said to have reached the latest work agreement in the context of preventing and eradicating money laundering.

The Chairperson of the LPEI Board of Directors, Rijani Tirtoso, said that this synergy was aimed at strengthening the exchange of data and information, socializing anti-money laundering, as well as education and training for institutional employees in the context of handling problems related to money laundering.

“LPEI as a special government-owned financial institution together with PPATK will always oversee the implementation of good corporate governance in carrying out the functions and duties of each agency. This is in line with LPEI's cultural values, namely APIK (Agile, Professionalism, Integrity, and Creative)," he said in a press statement today, Monday, August 22.

On the same occasion, the Head of PPATK Ivan Yustiavandana stated that the collaboration that was built between the two parties was mutually reinforcing the functions and work of the organization.

“After this signing, if LPEI conducts an internal investigation, we will assist in the needs of information, education and research. On behalf of the leadership, PPATK is very enthusiastic about being able to help the interests of LPEI in the future," he said.

Meanwhile, the cooperation that has been built is the real support given by PPATK to LPEI in carrying out its mandate and function as a special mission vehicle for the Ministry of Finance to support government programs and policies.

"We hope that efforts to prevent money laundering can improve national export performance through the distribution of financing, guarantees and insurance, as well as consulting services," said Ivan.