Prosecutors to Auction 90 Apartments Owned by Benny Tjokro
Translated from Indonesian, summarized and contextualized by DistantNews.
At a glance
- Indonesian authorities will auction 90 apartment units owned by convicted fraudster Benny Tjokro.
- The assets are confiscated property from cases involving Jiwasraya and PT Asabri insurance companies.
- The auction is scheduled for July 29, 2026, with a total limit value of Rp 219.7 billion.
Indonesia's Attorney General's Office, through its Asset Recovery Body (BPA), will auction 90 units of South Hills apartments located in Setiabudi, South Jakarta. These units are confiscated assets belonging to Benny Tjokro, a convicted individual in high-profile corruption cases involving PT Asuransi Jiwasraya and PT Asabri. The auction is set to take place on Wednesday, July 29, 2026.
Anang Supriatna, Head of the Legal Information Center at the Attorney General's Office, confirmed that the assets are linked to Benny Tjokro's conviction in the Jiwasraya case. He was sentenced to life imprisonment for the Jiwasraya corruption case and received a concurrent sentence for the PT Asabri case, as he had already received the maximum penalty in the former. The auction is specifically tied to the verdict in the Jiwasraya case, based on a series of court decisions from the District Court of Central Jakarta to the Supreme Court.
The auction will be conducted through an online, written bidding process without the physical presence of participants, utilizing the e-Auction open bidding system. The deadline for bids is 2:00 PM WIB. Interested parties can participate via the official auction website, lelang.go.id. The physical auction will be held at the Office of State Property and Auction Services (KPKNL) Jakarta IV in Central Jakarta.
Informative sessions regarding the auction process will be held online via Zoom Meeting on July 17 and July 24, 2026. Additionally, the Aanwijzing, or official explanation phase, for the auction participants will take place at the South Hills Apartment complex from July 20 to July 22, 2026. The total limit value for all 90 apartment units is set at Rp 219.7 billion, offering a significant opportunity for potential buyers while serving as a measure to recover state losses from the corruption schemes.
The assets are in the name of convict Benny Tjokrosaputro.
Originally published by Tempo in Indonesian. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.