KPK Reveals Corrupt Money Laundering Mode: Perform Complex Transactions To Investment

KPK Building/Photo: VOI

JAKARTA - The Corruption Eradication Commission (KPK) revealed that there are a number of modes of money laundering commonly used by corruptors. Among them are eliminating traces by carrying out complex transactions to investing in certain businesses.

Acting KPK Spokesperson for Enforcement, Ali Fikri, said that this type of method is often found by his institution. Including, when investigating allegations of corruption that led to the development of cases by applying the article on the crime of money laundering (TPPU).

"KPK often finds corruptors disguised or hiding their assets from the proceeds of their corruption crimes," said Ali in a written statement quoted on Monday, April 11.

"Starting from placing money or assets in the financial system, disguising or eliminating traces of the source of money by carrying out complex transactions or transfers, or using the money to invest in business activities or other forms of wealth," he added.

Furthermore, Ali said that 11 investigative orders (sprindik) related to money laundering allegations had been issued by the anti-corruption commission.

In 2020, the KPK has issued a sprindik to investigate allegations of laundering which is the development of bribery for the procurement of aircraft and aircraft engines from Airbus SAS and Roll-Royce PLC at PT Garuda Indonesia and gratuities related to consulting services for Insurance and Oil and Gas Reinsurance Business at PT Asuransi Jasa Indonesia (Persero) in 2008-2012.

Then, in 2021 the TPPU Sprindik was issued regarding the development of road construction projects in Namrole City in 2015; cases of case management at the Supreme Court (MA) to cases related to the Selection of Positions in the Probolinggo Regency Government in 2021 with the suspects of husband and wife, Puput Tantriana Sari and Hasan Aminuddin.

Furthermore, the Corruption Eradication Commission (KPK) also carried out the issuance of TPPU reports to develop bribery cases related to the 2016 and 2017 tax audits at the Directorate General of Taxes and corruption cases in the procurement of goods and services in North Hulu Sungai Regency, South Kalimantan in 2021-2022.

Finally, in 2022, the Corruption Eradication Commission (KPK) issued a TPPU report related to the case of corruption in the procurement of goods and services at the Banjarnegara Regency Government in 2017-2018 with the inactive Banjarnegara Regent Budhi Sarwono and the inactive Bekasi Mayor Rahmat Effendi.

"KPK continues to maximize efforts to confiscate assets resulting from corruption or asset recovery from corruptors. One of these efforts is through the development of handling cases in ML," said Ali.

"Asset recovery is an important impact in law enforcement of criminal acts of corruption by the Corruption Eradication Commission, in addition to providing legal effects