APSN Banner

Three decades later, Indonesia still chasing Eddy Tansil assets

Source
Jakarta Globe - June 15, 2026

Roy Adriansyah, Jakarta – Three decades after businessman Eddy Tansil became synonymous with one of Indonesia's biggest corruption scandals and his dramatic prison escape shocked the nation, authorities say they are still tracing and recovering his assets.

On Monday, Attorney General ST Burhanuddin handed over Rp 1.029 trillion ($56.5 million) in non-tax state revenue to Finance Minister Purbaya Yudhi Sadewa at the Asset Recovery Agency (BPA) headquarters in South Jakarta, as Indonesia steps up efforts to recover assets tied to corruption cases.

The funds included Rp 51.68 billion in assets linked to fugitive corruption convict Eddy Tansil.

"In this opportunity, we can also report that the asset recovery division successfully traced assets belonging to convict Eddy Tansil in the form of cash amounting to Rp 51.6 billion," BPA chief Kuntadi said during the ceremony.

Tansil was convicted in 1994 for causing massive state losses through fraudulent loans obtained from the now-defunct state-owned Bank Pembangunan Indonesia (Bapindo). The losses were estimated at around Rp 1.3 trillion at the time – an enormous sum in Indonesia during the 1990s. The case later became a symbol of weak law enforcement during the final years of former President Suharto's rule after Tansil escaped from prison in 1996 and reportedly fled abroad.

Authorities have periodically continued efforts to trace and recover his assets decades after the case first emerged.

Most of the funds handed over Monday, however, came from the BPA Fair 2026 asset auction program, which generated Rp 978.1 billion from the sale of confiscated assets tied to criminal cases.

"With that, the total amount of cash we are handing over to the Finance Ministry today reaches Rp 1.029 trillion," Kuntadi said.

The transfer forms part of Indonesia's non-tax state revenue (PNBP) which the government has increasingly sought to optimize amid pressure to strengthen fiscal capacity and improve state finances.

The Attorney General's Office said the handover reflected broader efforts to intensify asset tracing, seizure, and recovery tied to corruption and other financial crimes.

Source: https://jakartaglobe.id/news/three-decades-later-indonesia-still-chasing-eddy-tansil-asset

Country