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Jakarta Post

Pursuing the illegal proceeds of fraud

  • Hendi Yogi Prabowo


Yogyakarta   /   Sat, September 12, 2020   /  02:48 pm
Pursuing the illegal proceeds of fraud Everyone involved: The junior attorney general for special crimes, Ali Mukartono (center), briefs the press regarding the investigation into prosecutor Pinangki Sirna Malasari, who allegedly accepted bribes from graft convict Djoko S. Tjandra. The Attorney General’s Office is involving the Corruption Eradication Commission, the National Police, the Prosecutor Commission and the Office of Coordinating Political, Legal and Security Affairs Minister in the case for the sake of transparency. (Antara/M Risyal Hidayat)

After 11 years on the run, fraud convict Djoko S. Tjandra was finally apprehended by the Indonesian National Police with the assistance of Malaysian authorities. In 2009, the Supreme Court ruled that Djoko played a role in the Bank Bali scandal (also known as Baligate), which caused state losses of about Rp 546.4 billion (US$80 million), and sentenced him to two years in prison, but he fled the country just before the verdict was issued. He later obtained citizenship of Papua New Guinea, which created barriers for his extradition and incarceration. Generally, fraud consists of three major steps: the act, concealment and conversion. Activities such as theft or embezzlement, including its proceeds, need to be concealed to avoid detection using various means such as record manipulation and money laundering before the money is spent for personal benefits (e.g. houses, cars, etc.). The ...

Disclaimer: The opinions expressed in this article are those of the author and do not reflect the official stance of The Jakarta Post.