inp.polri.go.id - Jakarta. The Indonesian National Police (INP) Anti-Corruption Corps has named several suspects in an alleged corruption case related to the provision of invoice financing from PT Perusahaan Pengelola Aset (PT PPA) to PT Bintang Abadi Sempurna (PT BAS) for a coal procurement project for PT PLN Batubara during the 2019-2020 period.
The developments in the case were announced at a press conference held in the INP Anti-Corruption Corps Meeting Room, Jakarta, on Monday (7/20/2026).
The Head of INP Anti-Corruption Corps Operations Division, Senior Superintendent Ahmad Yusuf Afandi, explained that the case is of serious concern because it concerns the management of state-owned company funds, which should be carried out professionally and accountably.
"The abuse of authority in the financing process has resulted in significant state financial losses and has also undermined the investment governance of state-owned enterprises," said Ahmad Yusuf Afandi.
Investigators subsequently detained two suspects: IT, Investment Manager of PT PPA, and FSN, Head of the Operational Division of PT BAS. Meanwhile, suspect FH, the Director of PT BAS, is currently a convict in another case and is serving his sentence at Salemba Prison.
Based on the investigation, a IDR 50 billion financing facility was provided to PT BAS through an invoice financing scheme. However, in practice, the disbursed funds reached approximately IDR 67.31 billion in eight installments.
Investigators found several irregularities in the financing process. These included the failure to carry out due diligence and risk analysis procedures, failure to verify the validity of invoice documents, disregard for cash collateral mechanisms, and alleged manipulation of bank statements to support the disbursement of funds.
"This case is not simply an administrative error, but rather a series of actions allegedly carried out consciously, structured, deliberate, and interconnected, resulting in the disbursement of state funds without a legitimate basis," stated Ahmad Yusuf Afandi.
To recover state losses, investigators have also seized several assets belonging to the suspects, including land and buildings located in Medan, Bekasi, Bogor, Samarinda, and Sidoarjo, with an estimated value of around IDR 14.4 billion.
"This confiscation is part of the effort to recover state financial losses as mandated by the provisions on the eradication of criminal acts of corruption," said Ahmad Yusuf.
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