BLBI Task Force Confiscates Assets Of PT Yasindotama Exemplary Of Spinning Worth IDR 105 Billion

BLBI Task Force (Photo: Antara)

The Task Force for Handling State Collection Rights for the Bank Indonesia Liquidity Assistance Fund (BLBI Task Force) through the DKI Jakarta Branch State Receivable Affairs Committee (PUPN) has carried out confiscation of other assets of debtor PT Yasindotama Exemplary Spinning.

Head of the BLBI Task Force Rionald Silaban said the confiscated assets were 3 (three) plots of land along with the building and everything on it, which was located on an area of 19,915 m2 on Jalan Buahbatu KM 6.5, Batununggal Village, Bandung Kidul District, Bandung City, West Java Province, with an estimated value of Rp105,051,625,000.

"The land parcels were confiscated in the context of efforts to settle debtors' obligations to the state, which until now have not been fulfilled in the amount of Rp. 188,574,576,224.50," he said in his statement, Wednesday, October 9.

Rionald menyampaikan selanjutnya harta kekayaan lain debitur PT Yasindotama Teladan Spinning yang telah dilakukan penguahan tersebut akan dilanjutkan proses pengurusnya oleh Organisasi Urusan Piangutang Negara (PUPN) melalui mekanisme sebagaimana diatur dalam peraturan yang berlaku, di antaraya penjualan secara lelang, atau penyelesaian lainnya.

The BLBI Task Force will consistently make ongoing efforts to ensure that the return of state collection rights can be fulfilled through a series of efforts, including blocking, confiscation, and selling assets of collateral and other assets owned by obligors/debtors.

To note, the BLBI Task Force was formed based on Presidential Decree No. 6 of 2021. The BLBI Task Force was formed in the context of handling and restoring state rights in the form of state collection rights for the remaining state receivables from BLBI funds and property assets. The BLBI Task Force is under and responsible to the President.

The establishment of the BLBI Task Force aims to effectively and efficiently handle, resolve and restore state rights originating from BLBI funds, in the form of legal and/or other efforts at home or abroad, both for debtors, obligors, company owners and heirs as well as other parties working with them.