The Attorney General’s Office (AGO) has named two new suspects in the alleged corruption case of the 2013-2019 national export financing program by the Indonesian Export Financing Agency (LPEI). A total of seven suspects have been arrested by the prosecutor’s office so far.
The two new suspects are the former LPEI Relationship Manager in 2010-2014 and the former Head of the 2014-2018 LPEI SME Financing Department with the initials PSNM and the former Head of the 2015-2019 Business Risk Analysis Division with the initials DSD.
“To speed up the investigation process, the two suspects were subsequently detained,” said the head of the Attorney General’s Office for Legal Information (Kapuspenkum) Leonard Eben Ezer Simanjuntak to reporters, Thursday (13/1).
He stated that the two suspects would be placed in the Salemba Detention Center (Rutan) of the Attorney General’s Office from January 13 to February 1, 2022. The detention was carried out for the first 20 days.
The AGO suspects that the company did not apply the principles of good corporate governance in carrying out the national export financing process for a number of companies.
Investigators indicated that LPEI’s credit policy rules were violated by the suspect, resulting in bad loans or Non-Performing Loans (NPLs) in 2019.
“Amounted to 23.39 percent and based on the LPEI Financial Report as of December 31, 2019, LPEI experienced a loss for the current year of Rp. 4.7 trillion,” he added.
According to him, the problematic financing facilities were given to 8 business groups consisting of 27 different companies. The LPEI Financing Risk Management Information System Report records the collectibility position of 5 companies, aka non-performing as of December 31, 2019.
Therefore, investigators said that there was an unlawful act which was suspected as a criminal act of corruption. State financial losses in this case are estimated at IDR 2.6 trillion.
“Approximately Rp. 2.6 trillion and currently the BPK RI is still calculating state financial losses,” he said.
Previously, investigators had named five people as suspects. They are the 2016 LPEI Surakarta Regional Office Head Josef Agus Susanta, IV LPEI Managing Director and III LPEI Managing Director Arif Setiawan, and 2015-2018 LPEI SME Financing Division Head Ferry Sjaifullah.
Then, two other suspects came from the private sector, namely Suyono as Director of PT Jasa Mulia Indonesia, PT Mulia Swallow Indonesia, PT Borneo Swallow Indonesia (Swallow Group) and Director of PT Mount Dreams Indonesia Johan Darsono.
The suspects were charged with Article 2 Paragraph 1 of the Corruption Eradication Law, subsidiary Article 3 in conjunction with Article 55 Paragraph 1 1 of the Criminal Code.