PPATK Freezes 60 Bank Accounts of ACT and Its Subsidiaries
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6 July 2022 19:26 WIB
TEMPO.CO, Jakarta - The Financial Transaction Reports and Analysis Center (PPATK) has frozen 60 bank accounts belonging to Aksi Cepat Tanggap (ACT) humanitarian organization and its subsidiaries spread across 33 financial service providers over alleged embezzlement of public donations.
The PPATK head Ivan Yustiavandana explained that one form of the alleged embezzlement was found in the management of donations for the organization’s business and institutions under it.
“We suspect this is a transaction managed from business to business, so it (ACT) is not purely collecting funds and then channeling them to the destination (the needy) but [the funds] are actually managed first to gain profit,” said Ivan at his office, Central Jakarta, Wednesday, July 6, 2022.
He mentioned one of the PPATK's findings was the money transfer worth Rp30 billion from ACT to its subsidiary. As a result, the philanthropic group earned a profit. This was discovered during the monitoring which had been conducted since 2018.
The freezing of the 60 accounts, Ivan ensured, was on the basis that ACT violated Presidential Regulation No. 18 of 2017 on the collection and distribution of public funds for the provision of aid.
“The regulations clearly state that every institution or community organization that collects and distributes donations shall uphold the principles of prudence and manage [the public donations] in an accountable manner,” said Ivan.
M JULNIS FIRMANSYAH
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