This Rule Makes Rp110 Trillion BLBI Defendants Can’t Sleep

This Rule Makes Rp110 Trillion BLBI Defendants Can’t Sleep


The Asset Confiscation Law is considered to be able to meet the target of collecting the BLBI Task Force. Photo/Doc

JAKARTA – DPR Commission III member Wihadi Wiyanto supports the presence of the Asset Confiscation Law to assist in resolving cases of state claims for Bank Indonesia’s liquidity assistance debt ( BLBI ). BLBI Task Force until March 25, 2023, it had only been able to collect state rights worth IDR 25.53 trillion, while the target was IDR 110 trillion for three years of operation.

“We need to push the Asset Confiscation Law so that the state can confiscate what is BLBI’s assets. With price increases (debt) which may have multiplied,” said the Gerindra Party politician in a written statement, Tuesday (28/3/2023).

It is known, President Jokowi has signed the Decree of the President of the Republic of Indonesia (Keppres) No. 6 of 2021 concerning the Task Force for Handling State Claims on Bank Indonesia Liquidity Assistance Funds.

The consequence of this regulation is that the Director General of State Assets at the Ministry of Finance (Ministry of Finance) as Chair of the Task Force for Handling State Claims on Bank Indonesia Liquidity Assistance Funds (BLBI Task Force), inaugurated the BLBI Task Force Working Group (Pokja) and Secretariat, in June 2021. The BLBI Task Force was formed in the context of handling and recovering state rights in the form of state claims on the remaining state receivables from BLBI funds or property assets.

The working period of this task force has a deadline of December 2023 to hunt down 48 obligors and debtors of BLBI funds. In accordance with the Presidential Decree’s mandate, the task force must be able to execute the debts of Rp110.45 trillion from these obligors.

On the other hand, Wihadi also questioned the data collection on assets that were pledged when the BLBI was implemented in 1998. According to him, it is very likely that there will be scattered assets, especially when there is physical control or without a certificate.

“There has been data collection from BLBI until now from the government, has there not been any data regarding the BLBI problem? Wherever scattered. These state assets are of course that when they are at BLBI it means they are not confiscated, meaning they are only guaranteed but only the place, the certificate is not there. If this happens, we will push for an asset confiscation law,” he said.

Regarding the formation of the Asset Confiscation Law, Wihadi returned to the government’s readiness. “But for this Asset Confiscation Law, the state is ready or not to make a law. Perhaps the government itself is not ready to make the law,” he added.



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