The Financial Services Authority (OJK) has officially completed the investigation into an alleged banking crime case involving PT BPR DCN, Malang. The handover of the suspect and evidence, known as Phase II, took place at the Batu District Prosecutor's Office on Thursday (7/2/2026), marking a new chapter in law enforcement within the financial services sector.
In this case, OJK named a commissioner who is also a shareholder, with the initials GK, as the primary suspect. The legal process faced significant hurdles; OJK investigators encountered major challenges, ranging from the suspect's attempts to evade questioning summonses and an attempted escape, to two pretrial motions, all of which were successfully defeated.
The in-depth investigation revealed a series of serious violations committed by the suspect from 2020 to 2024. The modus operandi included bookkeeping manipulation through cash advance withdrawals worth IDR 5.8 billion, false accounting of precious metal collateral totaling IDR 600 million, and the opening of 71 fictitious credit facilities worth IDR 14.8 billion without the knowledge of customers.
Furthermore, the suspect allegedly failed to record funds collected from 12 depositors, totaling IDR 7.8 billion. As a result of these fraudulent actions, the suspect now faces a maximum penalty of 15 years in prison and a fine of up to IDR 5 billion under Law Number 4 of 2023 on Financial Sector Development and Strengthening.
OJK emphasized that this firm action reflects an ongoing commitment to maintaining the integrity of the national financial system and providing maximum protection to the public. Synergy among OJK, the Indonesian National Police (Polri), and the Prosecutor's Office will continue to be strengthened to ensure compliance by banking industry players with applicable regulations.
