OJK Urges Calm Over Frozen Account, Cites Banking Stability Concerns

Indonesia's financial watchdog, the Otoritas Jasa Keuangan (OJK), has called for public calm amidst concerns over a temporarily frozen bank account belonging to Supriyono, coordinator of the Alliance of United Pati People (AMPB).

OJK Head of Banking Supervision Dian Ediana Rae assured the public that their deposited funds remain secure and confidential, protected by banking laws and the Deposit Insurance Corporation (LPS). The OJK is actively monitoring the implementation of account security procedures and collaborating with all relevant stakeholders to address the issue.

Recognizing the public's sensitivity to banking matters, the OJK acknowledged that such incidents can affect not only specific banks but also the overall stability and public perception of the financial system. "Trust is the main foundation of the financial services industry," Rae stated, understanding that the situation has raised questions among the public.

However, Rae clarified that transaction delays, when conducted according to regulations, serve as a protective measure rather than a threat to trust. These delays are temporary and will end once investigations conclude. If no criminal elements are found, account access will be restored, reinforcing the system's role in protecting all parties fairly and professionally.

The case gained attention after Supriyono's account, reportedly holding Rp80.9 million in personal funds and donations for a protest, was allegedly blocked on August 21. Civil society groups criticized the action, deeming it a violation of law, an obstruction of free speech, and a threat to public confidence in banking security.