Jakarta – The Financial Transaction Reports and Analysis Centre (PPATK) has said that the majority of suspicious transactions this year were not followed up by law enforcement institutions, as they claimed that they could not find sufficient evidence to support investigations.
PPATK head Muhammad Yusuf said on Monday that his institution had reported 289 transactions, which were possibly incidents of money laundering, to law enforcement institutions such as the Corruption Eradication Commission (KPK), the National Police, the Attorney General's Office, the Directorate General of Tax, the National Narcotics Agency (BNN) and the Directorate General of Customs and Excise.
He said that only 81 reports had been investigated by those institutions. "I have sent [our findings] to the law enforcement institutions. They said that they faced difficulties finding evidence. I have not seen any progress [in their investigations]," he said as quoted by tempo.co, emphasizing that that 208 suspicious transactions had not been followed up on.
According to Muhammad, PPATK has produced 4,041 analyses since 2003, but only 845 of those were being kept in PPATK databases because not all of the analyses indicated money laundering practices.
"[However], the data stored in the database will help PPATK to carry out further analyses," Muhammad added.
PPATK's high-profile reports include those relating to a number of police generals' bank accounts such as Corm. Gen. Budi Gunawan's Rp 54 billion (US$3.95 million) account. The KPK had previously named him a graft suspect, but he won a pretrial hearing to annul his suspect status. (bbn)