Andri Tedjadharma, a shareholder of Bank Centris Internasional, insists he was never an obligor of the Bank Indonesia Liquidity Assistance (BLBI) scheme.
He says he never received a single cent of the controversial bailout fund, let alone benefited from it directly or indirectly.
“I never received one cent from BLBI,” Andri told senior journalist Edi Winarto in an interview published on YouTube.
Despite his denials, the government’s BLBI Task Force seized his personal properties, including his only residence.
BLBI Task Force seized two parcels of land in Java
Indonesia’s BLBI Task Force, through the State Receivables Affairs Committee (PUPN), confiscated two assets belonging to Andri Tedjadharma.
These included a 68-square-meter plot in West Jakarta and a 35,465-square-meter tract in West Bandung.
The total value of the seized assets was estimated at Rp74.5 billion, or roughly $4.7 million.
Andri claims the confiscation was unlawful because no court ever declared him a debtor to the state.
Baca Juga:
Legal battle escalates with two victories at administrative court
In response, Andri filed lawsuits to challenge the PUPN’s decisions and debt enforcement letters in the State Administrative Court (PTUN).
He won both cases at the first level, and the rulings declared that PUPN’s actions lacked legal basis.
Currently, the case is under cassation review at Indonesia’s Supreme Court, awaiting a final judgment.
In parallel, he filed a separate lawsuit against Bank Indonesia and the Ministry of Finance for Rp11 trillion in damages.
Baca Juga:
Discrepancy in BI accounts reveals alleged fund misdirection
One of Andri’s key claims involves two accounts allegedly held at Bank Indonesia under Bank Centris’ name.
He said the legitimate account was numbered 523.551.0016, while another individual account was numbered 523.551.000.
The second account, he said, was not officially registered under Bank Centris and remains without an identified owner.
Rp490 billion worth of funds that should have gone to the official account allegedly ended up in this mysterious account.
BLBI Task Force remains firm, refuses to revoke asset seizure
When contacted for comment, the BLBI Task Force maintained that the asset seizure was done in accordance with prevailing laws.
An official from the Ministry of Finance stated that the assets were confiscated based on state receivables data linked to Bank Centris.
Baca Juga:
However, they declined to disclose detailed documentation about Andri’s alleged debt status or court rulings supporting the claim.
The Ministry has not responded to repeated questions about the discrepancy in Bank Indonesia’s accounts.
Case raises concerns over fairness and due process of law
Legal experts argue that seizures of private assets without a court ruling can violate constitutional property rights.
Andri’s case underscores the importance of legal due process and transparency in the government’s efforts to recover BLBI funds.
“Recovery efforts must be supported by legally binding evidence, not just internal memos,” said a constitutional law expert in Jakarta.
Public trust in the justice system hinges on the government’s ability to act fairly—even when chasing corruption-era debt.
Independent investigation needed into BLBI mismanagement allegations
Civil society groups are now calling for an independent inquiry into the handling of the BLBI bailout and debt recovery efforts.
The Indonesian Legal Aid Foundation (YLBHI) has urged the government to release all data related to BLBI obligors to the public.
They argue that transparency would prevent arbitrary seizures and ensure accountability among financial authorities.
Meanwhile, Andri’s case could set a precedent for future legal challenges against questionable asset seizures.
Transparency and justice essential in all BLBI-related legal actions
The case of Andri Tedjadharma reveals systemic gaps in Indonesia’s approach to recovering BLBI funds through asset seizures.
Without court-backed legal findings, designating individuals as obligors risks violating their rights and damaging reputations.
A comprehensive and independent audit of BLBI recovery cases is needed to restore credibility to the process.
Resolving this matter fairly and openly will reinforce public trust in Indonesia’s financial and legal institutions.
Watch the full interview with Andri Tedjadharma on YouTube.***
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