This Is An Obstacle To Payingto Change The Rage Of KSP Indosurya According To Coordinating Minister Teten Masduki

Minister of Cooperatives and SMEs Teten Masduki. (Photo: Doc. Antara)

JAKARTA - Minister of Cooperatives and SMEs (MenKop UKM) Teten Masduki revealed the obstacles that occurred in the payment of compensation for the Indosurya Savings and Loans Cooperative (KSP) to customers, which reportedly just paid off by 15.56 percent. "Well, the problem is that the first asset is not in cooperative ownership," said Teten in a Working Meeting with Commission VI of the Indonesian House of Representatives, quoted from Antara, Tuesday, February 14. Second, he continued, there was a criminal report that was running so that the police confiscated the assets and frozen them so that no asset sales could be made to pay compensation. Another thing that happened in the case that began in 2020 was the occurrence of a bribery process of assets with deposits made by members of cooperatives per person and the practice of repayment in other ways. Then, another difficulty that occurred was the decision on the Suspension of Debt Payment Obligation (PKPU), which Teten said in that decision there was no sanction if the cooperative did not carry out compensation in accordance with the previous agreement. "Well, in the PKPU Law number 37 of 2024 there is no imposition of sanctions in terms of payment obligations not implemented in accordance with previous agreements. This is very weak, even yesterday PKPU and bankruptcy we conveyed to the Supreme Court that this could be used to rob cooperative members of funds," he said.

For this reason, Teten continued, PKPU and bankruptcy submitted by cooperative members must go through the Ministry of Cooperatives and SMEs, such as for example banks who, if they want to go bankrupt, must go through the Ministry of Finance. Previously, the case of bribery and investment fraud of KSP Indosurya had been decided by a panel of judges at the West Jakarta District Court who decided that the two high-ranking officials of KSP Indosurya, namely Henry Surya and June Indria, had acquittal. This case began with the collection of funds allegedly illegally using the legal body of the Indosurya Inti/Cipta Savings and Loans Cooperative which was carried out from November 2012 to February 2020.