"If (the banks) gives fraudulent credit, should it be found out, they wil be caught and get fired. But I do not know if with amount that huge, they dare to (offer) fraudulent credit," Sadewa said here on Friday.
He made the statement in response to concerns from the Corruption Eradication Commission (KPK). Sadewa explained that the funding is managed under each bank’s own business mechanisms and that the government has no role in approving credit.
“When banks receive funds, they feel pressure. Of course they will disburse them, but according to their own expertise,” he said.
Sadewa admitted there is a risk of misuse; however, he emphasized that banks have their own governance systems.
KPK acting deputy for enforcement and execution Asep Guntur Rahayu highlighted the risk of corruption in the state-bank disbursement scheme. He cited the Jepara Artha Bank case of 2022–2024, in which credit disbursement came to a halt, as a lesson to prevent misuse of government funding.
Even so, Rahayu noted that the policy brings benefits, such as revitalizing the micro-economy and expanding funding access for the public. Through KPK’s Directorate of Monitoring, his team will ensure the funds are used properly.
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Translator: Bayu Saputra, Mecca Yumna
Editor: M Razi Rahman
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