Mahfud MD: BLBI Task Force Identify 15.2 Million Hectares Of Land, 5.2 Million Already Controlled

Coordinating Minister for Political, Legal and Security Affairs Mahfud MD (Irfan Meidianto/VOI)

JAKARTA - Coordinating Minister for Political, Legal, and Security Affairs, Mahfud MD, said millions of hectares of land belonging to obligors and debtors of Bank Indonesia Liquidity Assistance (BLBI) have been identified and controlled by the state through a task force team. After successfully controlled, the land will be authorized in the name of the state.

"This team is working quite well because first, we have identified assets in the form of 15.2 million hectares of land, of which 5.2 million hectares yesterday we controlled immediately and will soon be included in the certification process on behalf of the state", Mahfud said at a press conference. which aired online, Tuesday, September 21.

In addition, he also said that the money had been confiscated. "A bank we have confiscated IDR 100 billion from a bank from one of the obligors", said Mahfud.

Furthermore, he said BLBI debtors and obligors had responded and claimed they were ready to pay their debts to the state. Although some feel their debt is not that big.

"Almost all of them responded, there were those who immediately agreed that I would pay them, some said that the debt was not worth that much now, okay. Anyway, come", said the former Chief Justice of the Constitutional Court.

As for uncooperative BLBI obligors and debtors, Mahfud said the government would take legal action. Moreover, the money is the wealth of the country that they have enjoyed.

Moreover, they had received relief when the aid was disbursed during the economic crisis in the late 1990s.

"They were given loans by the state, debts to the state, bonds, then they were given them to pay much cheaper because it was adjusted to the situation at that time. So some had debts of IDR 58 trillion, only 17 percent of that", he said.

Previously, the government through the Ministry of Finance stated that it had successfully confiscated the assets of BLBI obligors/debtors in several regions in Indonesia. Furthermore, the state managed to seize a pair of assets in Jakarta on Thursday, September 9.

First, assets located on KH Mas Mansyur Street, Karet Tengsin, Central Jakarta covering an area of 26,928.97 square meters with ownership documents in the form of certificates and non-certificates.

The asset was recorded as a former IBRA property originating from the Foreclosed Guarantee Goods (BJDA) of the debtor PT Sinar Bonana Jaya (PT SBJ) former Bank Yakin Makmur (Bank Yama) based on the Deed of Release of Land Rights (APHAT) No. 31 dated November 13, 1997.

Second, one parcel of land according to SHGB Number 7159/Kel. Pondok Pinang (formerly SHGB Number 489/Pondok Pinang) with an area of 2,020 m2 located at Jalan Gedung Hijau Raya Kav.1/Th-1 No. 63, South Jakarta. Recorded as property assets of ex IBRA originating from Collateral Takeover of ex-Debtor of Universal Metal Work, ex-Bank Unibank.

Previously, on August 27, 2021, physical control was also carried out through the installation of the first stage of signposts over 49 plots of land covering an area of 5,291,200 square meters located in Medan, Pekanbaru, Tangerang, and Bogor.