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Suspicious transactions worth Rp 300t at Finance Ministry money laundering: Mahfud
Coordinating Political, Legal and Security Affairs Minister Mahfud said suspicious transactions amounting to Rp 300 trillion (US$19.35 billion) found within the Finance Ministry were not due to graft, but to money laundering.
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Coordinating Minister for Politics, Law and Human Rights Mahfud MD (right) accompanied by then-minister of health Terawan Agus Putranto (left) gave a press statement in Jakarta on Feb. 2, 2020. (Antara/Rivan Awal Lingga)
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oordinating Political, Legal and Security Affairs Minister Mahfud said suspicious transactions amounting to Rp 300 trillion (US$ 19.35 billion) found within the Finance Ministry were not due to graft, but to money laundering.
“It’s not true there is graft in the Finance Ministry. The [suspicious transactions amounting to] Rp 300 trillion are not from corruption, but money laundering, the amount of which could be bigger than graft; but it did not take money from the state coffers,” Mahfud MD said in a press conference after a meeting with the deputy finance minister and other top officials on Friday.
He said the suspicious transactions of Rp 300 trillion were likely to be money laundering, based on information from about 197 reports from the Financial Transaction Reports and Analysis Center (PPATK) involving up to 647 employees at the Finance Ministry between 2009-2023
Mahfud said the case would be handed over to the law enforcement for investigation either at the Corruption Eradication Commission (KPK), the Attorney General’s Office (AGO) or the National Police.
The senior minister said if within a month there was no significant progress in the money laundering investigation in any of the three institutions, he would hand over the case to another institution instead to continue the investigation.
Separately, Deputy Finance Minister Suahasil Nazara said the ministry would fully cooperate in uncovering money laundering.
“Uncovering money laundering requires investigation of taxation and customs not only on individual employees [at the Finance Ministry] but on all taxpayers,” Suahasil said on Friday.
