JAKARTA – Indonesia’s National Police Anti-Corruption Corps (Kortastipidkor) has seized assets worth approximately Rp476 billion from a house in the Parahyangan Golf 2 residential area in Sentul, Bogor Regency, West Java. The confiscated assets include 74 kilograms of gold bullion, large amounts of foreign currency, and cash in Indonesian rupiah.
Head of Kortastipidkor, Inspector General Totok Suharyanto, said investigators discovered the evidence inside a hidden safe containing seven suitcases. The seizure included 74 kilograms of gold bars, US$4,767,300, SGD14,083,800, and Rp100 million in cash. The total estimated value of the assets is around Rp476 billion.
In addition to the gold and cash, investigators also confiscated several documents, mobile phones, and family photographs believed to be relevant to the ongoing investigation. Authorities have not disclosed the identity of the homeowner, saying the investigation is still underway.
The search was part of a coordinated operation carried out at 12 locations by the National Police Anti-Corruption Corps in cooperation with the Special Crimes Directorate of the Jakarta Metropolitan Police. The investigation is linked to three alleged corruption cases: the procurement of coal for the state electricity company PLN, the management of funds at the state-owned insurance company Asabri, and the settlement of debt involving PT CBS and PT KNI, a subsidiary of Krakatau Steel.
Earlier searches in the Cipete area of South Jakarta also resulted in the seizure of cash in multiple currencies and other evidence. Investigators said the operations are aimed at tracing the flow of funds and recovering assets suspected to have originated from corruption and money laundering.
Discussion about this post