The Corruption Eradication Commission (KPK) recently summoned Antonius Kosasih, former President Director of State-owned insurer PT Taspen, over alleged fictitious investment in the company in the 2019 fiscal year.
The 2019 corruption in PT Taspen’s fictitious investment funds has been investigated by the KPK since March 8, 2024. The case against Kosasih is a direct follow-up based on reports from the public, which allegedly involves a number of other companies and is estimated to have caused billions of rupiah in State losses.
Kosasih previously served as President Director of the company before being suspended from his position based on the results of an investigation by the anti-corruption agency.
Ali Fikri, KPK spokesperson, said that KPK investigators had collected a number of pieces of evidence in the case.
“That there is a need for this in the investigation process, whether initial confirmation as a suspect, or in the investigation process,” Ali said on May 2, 2024.
At that time, PT Taspen was known to have invested fictitious investment funds worth Rp 1 trillion (US$62.4 million). Ali said the provisional estimate was hundreds of billions of rupiah.
“There are hundreds of billions that are thought to be fictitious. But if, along the way, it turns out that the Rp1 trillion was actually fictitious, then we will definitely charge it there,” Ali said.
Previously, Labuan Nababan, Senior Vice President (VP) of Capital Market Investment and Money Market at PT Taspen, was questioned as a witness by the KPK investigation team regarding the management of investment funds at PT Taspen on April 29, 2024.
According to Ali, it is expected that the testimony by Labuan will find a number of bright spots by seeking to deepen the problem with witnesses.
Earlier, the KPK questioned Head of PT Taspen’s Capital Market and Money Market Division from 2016-2019, Patar Sitanggang, on April 19, 2024 as a witness regarding the same case.
However, until now the results of this examination by the anti-corruption agency have not been released to the public.
