According to Director of Investigations for the Junior Attorney General for Special Crimes (Jampidsus) Nurcahyo Jungkung Madyo, the new suspects were identified after questioning eight witnesses and holding a subsequent case conference at the AGO’s Jampidsus Building in Jakarta early Tuesday morning.
The suspects are alleged to have violated regulations governing loan approval and utilization across three regional banks: PT Bank BJB, PT Bank DKI Jakarta, and Bank Pembangunan Daerah Jawa Tengah (Bank Jateng).
Among those named are several high-ranking executives: Allan Moran Severino, former Finance Director of PT Sritex (2006–2023); Babay Farid Wazadi, Director of MSME Credit and Finance Director of Bank DKI Jakarta (2019–2022); Pramono Sigit, Director of Operational Technology at Bank DKI Jakarta (2015–2021); and Yuddy Renaldi, currently President Director of Bank BJB, serving since 2019 and slated to continue until March 2025.
Other suspects include Benny Riswandi, Senior Executive Vice President of Business at Bank BJB (2019–2023); Supriyatno, President Director of Bank Jateng (2014–2023); Pujiono, Director of Corporate and Commercial Business at Bank Jateng (2017–2020); and Suldiarta, Head of the Corporate and Commercial Business Division at Bank Jateng (2018–2020).
Several suspects have already been detained.
AMS and Riswandi are currently held at the Salemba Detention Center under the jurisdiction of the South Jakarta District Attorney’s Office.
Wazadi and Sigit are also detained at Salemba, while Pujiono, Suldiarta, and Supriyatno are being held at the Salemba Detention Center operated by the AGO.
Renaldi has been placed under city arrest due to health concerns.
Each suspect will be held for an initial period of 20 days.
With these latest developments, the total number of suspects in this credit scheme is now 12.
Earlier, the AGO had named three initial suspects: Dicky Syahbandinata, Head of the Corporate and Commercial Division of PT Bank BJB in 2020; Zainuddin Mappa, President Director of PT Bank DKI Jakarta in 2020; and Iwan Setiawan Lukminto, President Director of PT Sritex from 2005 to 2022.
Director of Investigations at the AGO's Special Crimes Division, Abdul Qohar, further elaborated on the nature of these violations.
He indicated that loan funds from Bank BJB and Bank DKI, intended for working capital, were allegedly misused by suspect ISL to pay off existing debts and acquire non-productive assets.
Furthermore, the loans granted to Sritex by suspects ZM and DS were in violation of regulations, partly due to the company's failure to meet working capital loan requirements.
This was compounded by the fact that PT Sritex Tbk. had only received a BB- rating from Fitch and Moody's, indicating a higher risk of default, which should have precluded such loan approvals.
PT Sritex was once a titan in Indonesia's textile and garment industry.
By the early 1990s, it had gathered its production lines under one roof and gained international recognition, notably as a supplier of military uniforms for NATO and the German army.
However, the company's fortune began to decline around 2021 due to mounting financial pressures.
By October 2024, the Semarang Commercial Court declared Sritex and three affiliated entities bankrupt. The company officially ceased operations on March 1, 2025, resulting in mass layoffs and the closure of its facilities.
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Reporter: Nadia Putri Rahmani, Aditya Eko Sigit Wicaksono
Editor: Azis Kurmala
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