Respect The Legal Process, LPEI Ready To Help AGO To BPKP On Alleged Fraud 4 Debtors

Law (Photo: dock. Unsplash)

JAKARTA - The Indonesian Export Financing Agency (LPEI) respects the ongoing legal process related to the alleged "fraud" of its four debtors.

"LPEI respects the ongoing legal process, complies with applicable laws and regulations, and is ready to cooperate with the Attorney General's Office, the Financial and Development Supervisory Agency (BPKP) and other law enforcement officers in resolving problematic debtor cases," said LPEI Executive Director Riyani Tirtoso quoting Antara.

He added that LPEI fully supports the steps taken by the Minister of Finance and the Attorney General to carry out the necessary legal examinations and actions against LPEI debtors who have legal problems.

LPEI will also continue to uphold good corporate governance, integrate in carrying out all institutional and professional operational activities in carrying out its mandate to support sustainable national exports.

It is known that Finance Minister Sri Mulyani Indrawati reported the alleged "fraud" debtor of the Indonesian Export Financing Agency (LPEI) to the Attorney General's Office (AGO).

Sri Mulyani said there were four debtors who indicated a "fraud" with an outstanding value of IDR 2.5 trillion. The four debtors in question include PT RII, PT SMR, PT SMI and PT PRS.

The report is the result of a problematic credit research conducted by LPEI with the Deputy Attorney General for Civil and State Administration (Jamdatun), the Financial and Development Supervisory Agency (BPKP), and the Inspectorate General of the Ministry of Finance, or those engaged under an integrated team.

Sri Mulyani asked the LPEI board of directors and management to continue to increase their role and responsibility, especially in building good governance.

He emphasized that LPEI should not tolerate any form of indication of violations of the law, corruption and conflicts of interest and must carry out its mandate in accordance with Law Number 2 of 2009 concerning Indonesian Export Financing Institutions.

Meanwhile, Attorney General ST Burhanuddin said the report was the first stage of the findings. There are still findings in the second stage which are suspected to have an outstanding fraud value of IDR 3 trillion.

"There will be a second stage, there are six companies. What is being investigated by BPKP, I ask for help to be followed up immediately so that we don't proceed with criminal acts," he asserted.