KPK reveals flow of funds in bank bjb case

Indonesia's Corruption Eradication Commission (KPK) has revealed that advertising funds from the regional development bank, bank bjb, between 2021 and 2023 were allegedly used for purposes other than intended. The findings emerged during the investigation into alleged corrupt practices.

“

There are facts in the current investigation process that show violations of the law regarding the activities at bjb, according to the audit results. That is what was then managed by bank bjb and used, among other things, for that money from the fee from the agency.

Achmad Taufik Husein, the acting Director of Investigation at KPK, stated that an audit revealed violations of the law regarding these funds. He indicated that the money, sourced from agency fees, was used improperly. The KPK is also examining non-budgetary funds from bank bjb that were allocated for the benefit of the West Java Provincial Government, during which Ridwan Kamil served as governor.

“

Of course, there are other needs used by bank bjb related to interests outside of its core operations. For example, there is use for the Provincial Government, which is also being investigated by the team.

Investigators are exploring how these funds were channeled, including the use of nominees. Four suspects have been detained for an initial 20-day period: Widi Hartoto, the Head of the Change Management Office and former Head of Corporate Secretary at bank bjb; Ikin Asikin Dulmanan, Director of PT Cakrawala Kreasi Mandiri & Owner of PT Antedja Muliatama; Suhendrik, Director of PT Wahana Semesta Bandung Ekspres; and Elang Sophan Jaya Kusuma, Commissioner of PT Cipta Karya Sukses Bersama.

“

Then there are also flows that are found to be nominees. Well, this is still being investigated.

A fifth suspect, Yuddy Renaldi, the President Director of bank bjb from 2019 to March 2025, was scheduled for detention but requested a postponement due to illness. The KPK plans to follow up on this request and proceed with further investigation if Renaldi is indeed unwell. The commission aims to develop the case further within the allotted detention periods.

“

Among them, we are also investigating that, because the flows use nominees. We cannot provide details yet, let's just wait for the developments because they have been detained, of course, there is a time limit for detention that must be expedited by the investigation team. That is, these developments will be part of what will be developed.