JAKARTA - The Attorney General's Office (AGO) encourages related parties to immediately complete and ratify the Draft Law (RUU) on Asset Confiscation. This is because the regulation can help resolve the debt problems of obligors and debtors of Bank Indonesia Liquidity Assistance (BLBI).

"On this occasion, I again encourage all parties to immediately discuss and ratify the Asset Confiscation Bill which can help the BLBI Task Force," said Deputy Attorney General Setia Untung Arimuladi during a press conference at the Ex-BLBI Asset Control Ceremony by the Task Force (Satgas), Friday, 27 August.

Not only helping to solve BLBI problems, continued Setia Untung, this rule can also help in resolving other cases. Starting from the investigation process to the trial.

"(Assisting) Other tasks in the future as a basis for law enforcement to pursue the assets of economic criminals before, during, and after the trial process," he said.

Previously, the Deputy Attorney General said that the AGO had sent 12 state attorneys to the task force (Satgas) for Bank Indonesia Liquidity Assistance (BLBI). They will later be involved in the debt collection mechanism for obligors and debtors.

In the process of collecting debt, it is undeniable that there will be problems. Because there are several assets located abroad, they must take a different legal route.

"Nevertheless, of course there are a number of obstacles currently being faced by the BLBI Task Force, especially related to assets located abroad, which have a legal side that is different from the Indonesian legal side," said the Deputy Attorney General.

It is known that the BLBI task force was inaugurated in early June. This refers to the Decree of the President of the Republic of Indonesia (Keppres) No. 6/2021 concerning the Task Force for Handling State Collection Rights for BLBI Funds, which was issued two months earlier.

The BLBI Task Force is under and directly responsible to the President. The establishment of the Task Force aims to effectively and efficiently handle, settle and restore state rights originating from BLBI funds. Debt collection will be carried out on all obligors and debtors that reach Rp110.45 trillion.


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