Coordinating Minister For SMEs On Indosurya's Financing Value For Return Of Community Money

Menkop UKM Teten Masduki (ANTARA)

JAKARTA - Minister of Cooperatives and Small and Medium Enterprises (Menkop UKM) Teten Masduki emphasized the importance of criminalizing the Indosurya Savings and Loan Cooperative (KSP) management in order to return the rights of members who had been embezzled.

Teten said the government was trying to do this through an appeal that had to be taken by the Attorney General's Office on the verdict of acquittal from the West Jakarta District Court (PN) judges against two high-ranking KSP Indosurya officials in cases of alleged fraud and embezzlement of funds.

"I think this punishment is important because the government has an interest in how as soon as possible to immediately return the money from the embezzled cooperative members (Indosurya)," said Teten, quoted by ANATARA, Tuesday, March 7.

Teten said this after following the operation of the KSP Indosurya case which presented three speakers, namely the Deputy Attorney General for Youth Crimes (Jampidum) at the Attorney General's Office, Fadil Zumhana, Deputy for Cooperatives of the Ministry of Cooperatives at the Ministry of Cooperatives and SMEs Ahmad Zabadi, as well as representatives of the Criminal Investigation Unit of the Police, which was guided by the former chairman of the Suparman Marzuki Judicial Commission at the Kemenkopolhukam Office, Jakarta, Tuesday.

From the case review, Teten is increasingly convinced that the cassation effort against the Chairman of KSP Indosurya Henry Surya fulfills elements of embezzlement, fraud, and money laundering (TPPU) for assets owned by cooperatives.

The punishment is important because the decision to postpone Debt Payment Obligation (PKPU) or homologation cannot be implemented, because the assets of KSP Indosurya are no longer owned by the cooperative and are embezzled by its administrators.

For information, the homologation decision is stipulated in the Homologation / Peace Decision Number. 66 / PDT.SUS-PKPU / 2020 / PN.Niaga.Jkt.Pst dated July 17, 2020, which was later determined by the Supreme Court.

Therefore, Teten emphasized that punishment for KSP Indosurya officials must be carried out in order to confiscate cooperative assets that they have embezzled.

"The PKPU decision cannot be carried out because the assets are no longer available, the assets are no longer owned by the cooperative. So, there must be confiscations of assets that have been embezzled by the cooperative management," he explained.

Meanwhile, Coordinating Minister for Political, Legal and Security Affairs Mahfud MD conveyed two further steps from the Indosurya KSP case review. First, the Government will file an appeal because the ontslag van rechtsvervolging verdict is the wrong decision. This case is clearly a criminal act.

Second, the Government is also and will continue to open other cases related to KSP Indosurya with complainants and other places.

Two high-ranking KSP Indosurya officials, namely Henry Surya and Finance Director June Indria, were accused of alleged fraud and embezzlement of funds were acquitted by the West Jakarta District Court judges. The case cost 23,000 people with a total loss of Rp106 trillion.

June was acquitted on Wednesday (18/1) at the West Jakarta District Court. The judge stated that he would release June Indria from all lawsuits. June's rights were also restored.

The trial was chaired by Kamaludin as Chairman of the Panel of Judges and Praditia Dandindra and Flowerry Yulidas as members, respectively.

Furthermore, Henry was released by the West Jakarta District Court on Tuesday (24/1). Henry is said to have been proven to have committed a civil act in the case.