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Indonesia Auctions 90 Apartments of Convicted Fraudster Benny Tjokro
🇮🇩 Indonesia /Crime & Justice

Indonesia Auctions 90 Apartments of Convicted Fraudster Benny Tjokro

From CNN Indonesia · () Indonesian

Translated from Indonesian, summarized and contextualized by DistantNews.

At a glance

News Sources not specified New plan
  • Indonesia's Attorney General's Office is auctioning 90 apartment units in South Jakarta belonging to a convicted fraudster.
  • The apartments, located in the South Hills area, have a combined limit value of approximately $14.5 million USD.
  • The auction is part of efforts to recover state assets from Benny Tjokrosaputro, who was sentenced to life in prison for corruption related to PT Asuransi Jiwasraya and PT ASABRI.

The Indonesian Attorney General's Office is auctioning 90 luxury apartment units in South Jakarta, seized from Benny Tjokrosaputro, a convicted fraudster in the PT Asuransi Jiwasraya and PT ASABRI cases. The total limit value for these 90 units is set at Rp219.7 billion (approximately $14.5 million USD).

The auction, managed by the Asset Recovery Body (BPA) of the Attorney General's Office (Kejagung), is being conducted online via lelang.go.id. Prospective bidders will submit written offers without physical presence. An "aanwijzing" or explanation session for the auction will take place at the South Hills apartments from July 20-22, 2026, where participants can inspect the properties in their current condition.

Benny Tjokrosaputro, former CEO of PT Hanson International Tbk, is serving a life sentence for corruption and money laundering related to the Jiwasraya case. The Supreme Court upheld the confiscation of his assets for the state. He also faced charges in the ASABRI case but received no additional sentence due to his existing life imprisonment.

DistantNews Editorial

Originally published by CNN Indonesia in Indonesian. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.

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