Mahfud MD: The Government Is Not Half-hearted In Cracking Down On Illegal Investment Crimes

Coordinating Minister for Political, Legal and Security Affairs Mahfud MD/Antara

JAKARTA - The Indonesian government affirms its commitment to combat money laundering (TPPU) and terrorism financing (TPPT) in a sustainable manner, both domestically and internationally.

This was conveyed by the Coordinating Minister for Political, Legal and Security Affairs (Menkopolhukam) Mahfud MD when opening the TPPU National Coordination Committee Meeting (TPPU Committee) which took place at the PPATK Building, Tuesday, March 29, 2022. Thus, Mahfud said, the government would not be partial. in taking action against the perpetrators of illegal investment crimes. In addition to harming society, this crime undermines public confidence in investment instruments that are protected by law.

“All ministries and institutions that are members of the Money Laundering Committee are increasing efforts to prevent and eradicate illegal investments in a synergistic and effective manner so that people do not become victims of fraud in the name of investment. The government will not work half-heartedly to protect the people from these crimes," Mahfud said in an official statement.

In addition, in order to increase international trust, Indonesia is also undergoing the process of becoming a full member of the Financial Action Task Force on Money Laundering (FATF). Indonesia's membership in the FATF is very important to get a positive perception of the Indonesian financial system, so that the world has more confidence, confidence and trust in the investment and business climate in Indonesia.

“It is very important for Indonesia to become a full member of the FATF. Therefore, we will carry out all action plans in the face of the FATF assessment, and together demonstrate efforts to prevent and eradicate illegal investments in a synergistic and effective manner," explained the Coordinating Minister for Political, Legal and Security Affairs.

Meanwhile, the Head of PPATK, Ivan Yustiavandana, as Secretary of the ML Committee, emphasized the government's seriousness in handling illegal investment cases. “PPATK and all stakeholders and members of the ML Committee will work together and synergize in dealing with illegal investment cases. PPATK continues to monitor and trace the flow of funds related to illegal investments at home and abroad,'' he said.

In the meeting it was agreed to further strengthen the synergy across Ministries/Agencies in eradicating and preventing illegal investment. ''The government and all members of the Money Laundering Committee will cooperate and synergize in dealing with illegal investment cases,'' Ivan explained.

PPATK is ready to increase various activities to prevent and eradicate money laundering and money laundering by strengthening the quality of human resources while adapting to technological developments.

In addition, PPATK also continues to improve synergy and cooperation with ministries and institutions that are members of the ML Committee so that ML and TPPT crimes can be reduced to a minimum.

The ML Committee meeting which was chaired directly by the Coordinating Minister for Political, Legal and Security Affairs Mahfud MD was attended by all members of the ML Committee including the Minister of Law and Human Rights Yasonna Hamonangan Laoly, Chairman of the OJK Board of Commissioners Wimboh Santoso, Deputy Attorney General Sunarta, Assistant Governor of Bank Indonesia, Head of the Payment System Policy Department ( DKSP) Filianingsih Hendarta, Special Staff to the Coordinating Minister for SMEs Agus Santoso, and Director of TPPU BNN Brigadier General Aldrin MP Hutabarat.