Jakarta, LiterasiHukum.com – The Attorney General's Office (Kejagung) continues to intensify the investigation into the corruption case of granting credit facilities by state-owned banks to PT Sritex Tbk. In the latest development, two company officials, Iwan Setiawan Lukminto (ISL) and Iwan Kurniawan Lukminto (IKL), have been officially named as suspects in the alleged Money Laundering crime (TPPU) since September 1, 2025. The Head of the Attorney General's Office for Legal Information, Anang Supriatna, explained that this determination is part of a systematic effort to recover state losses due to corrupt practices. Previously, Iwan Setiawan Lukminto, former President Director of Sritex, had been named as a suspect in the main case of corruption in the misuse of credit funds. He is suspected of diverting working capital loan funds to pay off personal debts and acquire assets, not according to their original purpose. Meanwhile, Iwan Kurniawan Lukminto, who at that time served as Deputy President Director, was allegedly involved in signing applications for working capital and investment loans in 2019, as well as credit agreement deeds in 2020. Investigators suspect that Iwan Kurniawan knew that the credit funds would not be used according to their intended purpose, thus fulfilling the elements of alleged TPPU.

Corruption Network and Trillions of Rupiah in State Losses

This case has ensnared a total of 12 suspects who are suspected of conspiring in granting fictitious or non-procedural credit. The suspects come from the ranks of directors and officials of state-owned/regional-owned banks, including Bank DKI, Bank BJB, and Bank Jateng, along with Sritex officials. The Attorney General's Office estimates that state losses reach Rp 1,088,650,808,028 (more than 1 trillion rupiah). This fantastic figure comes from unpaid credit by Sritex from Bank DKI (Rp 149 billion), BJB (Rp 543 billion), and Bank Jateng (Rp 395 billion). The list of 12 suspects who have been ensnared shows the complexity of this case, involving various levels of positions at Sritex and the lending banks.

Confiscation of Assets Worth Rp 510 Billion

In an effort to impoverish corruptors (asset recovery), the Attorney General's Office has carried out significant asset confiscation. A total of 152 plots of land owned by Iwan Setiawan Lukminto and his wife, Megawati, in various areas of Central Java have been confiscated. In addition, a plot of land with Building Use Rights in the name of PT Sukoharjo Multi Indah Textile Mill was also secured. The total assets confiscated cover 50.02 hectares with an estimated value of around Rp 510,000,000,000 (Rp 510 billion). The process of confiscation and installation of confiscation signs will continue to be carried out gradually in various areas identified as the location of assets from criminal acts. However, the lawyer for Iwan Setiawan Lukminto and Iwan Kurniawan Lukminto, Hotman Paris, considers the determination of TPPU suspects in corruption cases as "normal" and "clichéd" in the handling of corruption cases by prosecutors. This case has become a sharp spotlight, not only because of the fantastic value of state losses, but also because it shows the Attorney General's commitment to implementing the TPPU strategy to impoverish corruptors and recover state assets. News source: This article is the result of paraphrasing and analysis of news released by Detik.com on September 13, 2025.