TheJakartaPost

Please Update your browser

Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.

Jakarta Post

Counterfeit money investigation at local university in Gowa continues

Local police are actively investigating the circulation of millions of counterfeit rupiah, allegedly produced at a state university in Gowa Regency. So far, 15 suspects have been arrested.

News Desk (The Jakarta Post)
Jakarta
Tue, December 17, 2024 Published on Dec. 17, 2024 Published on 2024-12-17T13:07:34+07:00

Change text size

Gift Premium Articles
to Anyone

Share the best of The Jakarta Post with friends, family, or colleagues. As a subscriber, you can gift 3 to 5 articles each month that anyone can read—no subscription needed!
Counterfeit money investigation at local university in Gowa continues An officer displays counterfeit money in Rp 100,000 (US$6.22) denominations on Feb. 26. 2020, during a counterfeit money presentation at the Bank Indonesia building in Jakarta. (JP/Dhoni Setiawan)

T

he local police are continuing to investigate the circulation of hundreds of millions of counterfeit rupiah, allegedly produced at Alauddin State Islamic University in Gowa regency, South Sulawesi.

So far, the Gowa Police have seized counterfeit money ready for distribution and arrested 15 suspects involved in this counterfeit money network. The investigation also revealed that the syndicate operated across provinces.

Gowa Police chief Adj. Comr. Sr. Reonald TS Simanjuntak said that some of the suspects were on their way to Gowa.

“We have arrested 15 suspects, nine of them are already detained,” Reonald told reporters at the Gowa Police on Monday evening, as quoted by the Antara news agency.

“Five are on the way from Mamuju [in West Sulawesi], and another from Wajo regency [in South Sulawesi].”

Reonald added that the police were still developing the case.

Morning Brief

Every Monday, Wednesday and Friday morning.

Delivered straight to your inbox three times weekly, this curated briefing provides a concise overview of the day's most important issues, covering a wide range of topics from politics to culture and society.

By registering, you agree with The Jakarta Post's

Thank You

for signing up our newsletter!

Please check your email for your newsletter subscription.

View More Newsletter

“We may have more suspects. Please be patient because we are still developing the case.”

The police admitted that investigating this case has been quite challenging, as it involves several government players and private banks. They have also coordinated with the university's leadership as the counterfeit money production took place on campus.

Additionally, the counterfeit money that was printed is quite sophisticated and difficult to detect.

"In this investigation, we had to involve several banks because the counterfeit money is advanced. We also had to cooperate with a state university in Gowa Regency, as the counterfeit money was produced on campus,” Reonald said.

One of the suspects was revealed to be Andi Ibrahim, the university’s chief librarian.

University vice rector Khalifah Mustamin said that in addition to Andi, another university staff member was also arrested.

"The information we received from the police is indeed true — one is the library head, and another is a staff member," Khalifah told reporters at the campus, as quoted by detik.com on Monday.

Khalifah did not provide details on the involvement of Andi and the university staff member. He only confirmed that the suspected perpetrators would face legal action.  

Information about the circulation of this counterfeit money came to light in early December when the police arrested one of the suspects in Pallangga district, Gowa regency, along with evidence of counterfeit bills worth Rp 500,000 (US$31.12) in five Rp 100,000 denomination bills.

Following the arrest, further investigation led to a raid on the university’s library building.

At the campus, police seized several pieces of evidence, including advanced printers used to produce the counterfeit money.

Your Opinion Matters

Share your experiences, suggestions, and any issues you've encountered on The Jakarta Post. We're here to listen.

Enter at least 30 characters
0 / 30

Thank You

Thank you for sharing your thoughts. We appreciate your feedback.

Share options

Quickly share this news with your network—keep everyone informed with just a single click!

Change text size options

Customize your reading experience by adjusting the text size to small, medium, or large—find what’s most comfortable for you.

Gift Premium Articles
to Anyone

Share the best of The Jakarta Post with friends, family, or colleagues. As a subscriber, you can gift 3 to 5 articles each month that anyone can read—no subscription needed!

Continue in the app

Get the best experience—faster access, exclusive features, and a seamless way to stay updated.