JAKARTA. The International Consortium of Investigative Journalist (ICIJ) revealed the allegations about illegal money flow in two State-Owned Enterprises (BUMN) banks of around Rp4.5 trillion during 2011 to 2017.
The two state-owned banks are PT Bank Mandiri (Persero) Tbk (BMRI) and PT Bank Negara Indonesia (Persero) Tbk (BBNI). In the FinCEN Files investigative document released by ICIJ, it was mentioned that BMRI channeled US$292.73 million through 111 transactions. Meanwhile, BBNI was allegedly channeled US$ 10.64 million through two transactions.
For information, the FinCEN Files investigation was carried out by ICIJ with BuzzFeed News and 108 media in 88 countries. The project, which was worked on for 16 months, investigated more than 2,600 documents. This investigation also revealec suspicious transactions carried out by various parties, which were strongly suspected of carrying out activities of money laundering, embezzlement, and terrorism financing.
Apart from the two state-owned banks, there are 19 other private banks from Indonesia that are suspected of the same thing. These include PT Bank of India Indonesia Tbk (BSWD), PT Bank Windu Kentjana International, PT Bank Commonwealth, and PT Bank Central Asia Tbk (BBCA).
According to a copy of the data containing the complete list of transactions in the FinCEN Files from ICIJ that idnfinancials.com received, the total suspicious funds channeled by 19 private banks in Indonesia reached US$201.28 million, through 414 transactions. This is equivalent to 39.88% of the total flow of funds in Indonesian banks.
(KR/AR)