Legal expert from Trisakti University, Azmi Syahputra, is urging the Bank Indonesia Liquidity Assistance Task Force (BLBI Task Force) to take coercive measures to enforce the state’s right to collect debts from BLBI obligors who have not yet paid off their obligations.
“The state has been quite good to dozens of BLBI obligors and debtors, therefore it must be completed even though the assets have been transferred to other parties,” said Azmi when contacted, Tuesday (10/9/2024).
Azmi said that for parties who are not cooperative, they must be handed over to law enforcement or the Corruption Eradication Commission (KPK) to be processed by the KPK.
Therefore, the prosecutor’s office and the Corruption Eradication Committee must be able to complete and prosecute all perpetrators suspected of being involved in the BLBI corruption scandal.
“The government must also be firm and brave in taking serious and measured steps to force the BLBI funds that have been embezzled by BLBI debtors to return to the state treasury and so that they can be used for public facilities or the people’s prosperity,” he said.
It was previously known that Immigration Officers at the Entikong State Border Crossing Post (PLBN) prevented the departure of an Indonesian citizen (WNI) Marimutu Sinivasan, 87, on Sunday afternoon (8/9/2024).
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Marimutu is the owner of the Texmaco Group, which received BLBI funds from the government during the 1997-1998 financial crisis and became the debtor with the largest debt of up to IDR 80 trillion. The group had asked for the debt to be paid in installments starting in February 2022, but the government rejected it.
When the counter officer scanned the passport, he found that Marimutu’s passport was 100% identical to the ban.
Marimutu was then directed for further examination and in-depth investigation by authorized Immigration officials, and it was confirmed that Marimutu was on the blacklist.
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Director General of Immigration, Silmy Karim explained, Marimutu is a subject included in the prevention list that is still valid and applicable.
He was registered as a prevention subject at the request of the Ministry of Finance (Kemenkeu) because the person concerned had not fulfilled his obligations towards state receivables.
With the technology of the immigration crossing system that has been integrated to the borders/remote areas, Marimutu’s plan to leave Indonesian territory was successfully thwarted.
In addition to the ban status, the migration system can also detect if a traveler is on Interpol’s wanted list.
“We submitted MS to the Directorate General of State Assets of the Ministry of Finance. The person concerned was banned in relation to civil matters with the Ministry of Finance through the BLBI (Bank Indonesia Liquidity Assistance) task force,” said Silmy Karim, Monday (9/8). (Fik/P-3)
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BLBI Task Force: Taking Coercive Action Against Obligors to Recover State Assets
The Bank Indonesia Liquidity Assistance (BLBI) Task Force has been working to recover state assets from obligors who have not yet paid off their obligations. Recently, the task force has confiscated three assets of land, worth Rp111.2 billion, from BLBI obligors/debtors [[1]]. This move is part of the government’s effort to take coercive measures against those who have not fulfilled their obligations towards state receivables.
Legal expert Azmi Syahputra from Trisakti University has urged the BLBI Task Force to take firm action against obligors who have not paid off their debts. According to Azmi, the state has been lenient with dozens of BLBI obligors and debtors, but it is time to take decisive action to recover the debts, even if the assets have been transferred to other parties. He also suggested that those who are not cooperative should be handed over to law enforcement or the Corruption Eradication Commission (KPK) for further processing.
The government has indeed started to take control of assets from BLBI obligors and debtors. In 2021, the government began seizing assets from obligors and debtors of Bank Indonesia Liquidity Assistance (BLBI) [[2]]. The Ministry of Finance has also set a target to confiscate assets from obligors in the BLBI case by 2025 [[3]].
The recent incident of Immigration Officers preventing the departure of Marimutu Sinivasan, the owner of the Texmaco Group, is a testament to the government’s effort to take action against BLBI obligors who have not fulfilled their obligations. Marimutu’s group had received BLBI funds during the 1997-1998 financial crisis and became the debtor with the largest debt of up to IDR 80 trillion. Despite the government’s rejection of the group’s request to pay the debt in installments, Marimutu attempted to leave the country, but was stopped by Immigration Officers due to his inclusion in the prevention list.
The Director General of Immigration, Silmy Karim, explained that Marimutu was registered as a prevention subject at the request of the Ministry of Finance (Kemenkeu) because he had not fulfilled his obligations towards state receivables.
The BLBI Task Force’s efforts to recover state assets are crucial in ensuring that the government can use the funds for public facilities and the people’s prosperity. The government must continue to be firm and brave in taking serious and measured steps to force the BLBI funds that have been embezzled by BLBI debtors to return to the state treasury.
the BLBI Task Force’s move to take coercive action against obligors who have not paid off their debts is a step in the right direction. The government’s efforts to recover state assets will not only help to reduce the country’s debt but also send a strong message to those who have misused public funds.
BLBI Indonesia: Ensuring Recovery of State Assets through Coercive Action
The Bank Indonesia Liquidity Assistance (BLBI) Task Force has been working tirelessly to recover state assets from obligors who have not yet paid off their obligations. The recent confiscation of three assets of land, worth Rp111.2 billion, from BLBI obligors/debtors [[1]]is a testament to the government’s effort to take coercive measures against those who have not fulfilled their obligations towards state receivables.
Legal expert Azmi Syahputra from Trisakti University has urged the BLBI Task Force to take firm action against obligors who have not paid off their debts. According to Azmi, the state has been lenient with dozens of BLBI obligors and debtors, but it is time to take decisive action to recover the debts, even if the assets have been transferred to other parties. He also suggested that those who are not cooperative should be handed over to law enforcement or the Corruption Eradication Commission (KPK) for further processing.
The government has indeed started to take control of assets from
