ASIATODAY.ID, JAKARTA — Indonesia’s Attorney General’s Office (AGO) has intensified its crackdown on alleged financial crimes linked to troubled corporate lending, seizing Ayaka Suites Hotel, a high-end property in Jakarta’s prime Kuningan business district, as part of an ongoing money laundering (TPPU) investigation involving PT Sri Rejeki Isman Tbk (Sritex).
The seizure was carried out on Thursday, December 11, 2025, by investigators and prosecutors from the Special Crimes Division of the Attorney General’s Office (JAM PIDSUS) in coordination with the Asset Recovery Task Force, and was witnessed by officials from the National Land Agency (BPN).
Alleged Proceeds of Corruption-Linked Bank Loans
According to Anang Supriatna, Head of the AGO’s Legal Information Center, the confiscation is part of a broader probe into alleged money laundering committed by suspect IKL, with predicate offenses stemming from corruption in bank lending facilities.
The case involves loans extended by Bank BJB, Bank DKI, and Bank Central Java to Sritex and its subsidiary entities, which prosecutors suspect were abused and later laundered through high-value assets.
“The seizure was conducted based on official investigation and confiscation warrants issued by the Deputy Attorney General for Special Crimes,” Anang said in a written statement.
Strong Indications of Criminal Nexus
Investigators say they found strong indications that the Ayaka Suites Hotel is directly or indirectly connected to criminal activity, either as proceeds of crime or as a vehicle used to facilitate money laundering.
The confiscation process included: physical and administrative verification of the property, installation of official seizure notices at strategic locations, and comprehensive asset documentation for evidentiary purposes.
Asset Placed Under State Management
Given its high economic value and substantial maintenance costs, the hotel has been transferred to the Indonesian Asset Recovery Agency (BPA) for management during the legal process, in accordance with Article 44 (2) of Indonesia’s Criminal Procedure Code (KUHAP) and Attorney General Regulation Number 7/2020.
This measure aims to preserve the asset’s value while ensuring its availability for potential state asset recovery.
Prosecutors Vow to Recover State Losses
The Attorney General’s Office stressed that its enforcement strategy goes beyond imprisoning perpetrators, emphasizing asset confiscation and financial recovery as parallel priorities.
The seizure of Ayaka Suites Hotel underscores Indonesia’s growing resolve to dismantle large-scale corruption and money laundering networks, sending a clear message that luxury assets acquired through illicit financial flows will not be shielded from the law. (AT Network)
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