Various Reasons For BLBI Obligors, Coordinating Minister Mahfud: Some Claim To Have No Debt, We Have Evidence

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

JAKARTA - Even though they have long been in debt to the state, there are still several obligors and debtors of Bank Indonesia Liquidity Assistance (BLBI) who do not recognize their obligations to the state.

This was conveyed by the Coordinating Minister for Political, Legal, and Security Affairs, Mahfud MD, who also acts as the Steering Chair of the Task Force for Handling State Collection Rights for the Bank Indonesia Liquidity Assistance Fund (BLBI Task Force).

"The obligor was in various kinds after being summoned. Some said, 'yes I have a debt' but some said 'I don't have a debt, I don't feel like I have a debt'", Mahfud said in a press conference broadcast on the YouTube of the Indonesia Coordinating Ministry for Political, Legal and Security Affairs, Wednesday, October 26.

In addition, there are also many BLBI obligors and debtors who admit that they have debts to the state but are not by what the task force team collects. However, Mahfud admitted that the government did not believe the various reasons they presented.

Moreover, the BLBI Task Force has proof of debt so that they will summon all debtors and obligors who still have obligations to the state.

"We will settle everything, those who claim to have no debt but we have evidence that later we will take legal action, there is much that can be done because the Prosecutor's Office has Junior Attorney General for State Administration, the Police has the Criminal Investigation Unit", he said.

As previously reported, Mahfud explained that the BLBI Task Force had succeeded in handing over money to the state treasury of up to IDR 2.4 billion and US$7.6 million.

Then, this task force has also succeeded in blocking 339 collateral assets and blocking the shares of 24 companies belonging to BLBI obligors and debtors.

Next, there is also an extension of rights to 543 certificates spread across 19 provinces and controls 97 plots of land spread across Jakarta, Medan, Pekanbaru, Medan, Tangerang, and Bogor with an area of 5,320,148.97 square meters.