PPATK Blocks 60 ACT Foundation Accounts At 33 Banks

Head of PPATK Ivan Yustiavandana/PHOTO: Rizky Adytia-VOI

JAKARTA - The Financial Transaction Reports and Analysis Center (PPATK) has temporarily frozen 60 accounts belonging to the charity Aksi Cepat Tanggap (ACT). Dozens of these accounts are in 33 financial service providers or banks.

"PPATK has temporarily suspended 60 account transactions in the name of foundation entities (ACT)," said PPATK Head Ivan Yustiavandana to reporters, Wednesday, July 6.

The suspension was carried out because the results of a temporary investigation of the flow of funds received by ACT from the community were not directly channeled as donations. Rather, it is managed on a business basis to make a profit.

"We suspect this is a transaction that is managed from business to business so that it is not purely collecting funds and then channeling it to the destination," he said.

The results of the search, PPATK found that the ACT foundation's transactions with foreign companies amounted to Rp. 30 billion. In fact, the company is owned by one of the founders of ACT.

"We found that there was a transaction for more than two years worth Rp. 30 billion which turned out to be a transaction between the owner of the company, who incidentally is also one of the founders of the ACT foundation," said Ivan.

For information, ACT is a humanitarian organization that collects donations to help others who are affected by disasters or calamities.

However, recently there has been an issue of ACT misuse of donations. Tempo magazine reported that it was suspected that the donations were used for the personal interests of the leadership.