Indonesia’s Financial Services Authority (OJK) has completed its investigation into suspected banking crimes at PT BPR DCN in Malang, East Java. On Oct. 30, 2026, it transferred two suspects and supporting evidence to the Batu District Prosecutor’s Office. The case involves President Director ZNA and Director APW and concerns allegedly unrecorded transactions and falsified lending records. The investigation identified cash advances taken between January 2020 and June 2024 that were not recorded in the bank’s books, with approximately IDR 5.8 billion remaining unaccounted for. It also identified the unrecorded removal in February 2024 of precious metals and gold jewelry held as collateral worth approximately IDR 600 million. Allegedly false accounting entries involved 71 credit facilities totaling approximately IDR 15.6 billion in the names of 31 borrowers between July 2020 and June 2024. These facilities were allegedly granted without borrowers’ knowledge and/or their proceeds were not used by the named borrowers. APW is additionally suspected of failing to record approximately IDR 32.9 billion collected from 37 depositors through 78 deposit certificates between March 2020 and 2022. The suspected offenses under Indonesia’s banking legislation, read together with provisions of the Criminal Code, carry maximum penalties of 15 years in prison and a fine of IDR 200 billion.
Indonesia's Financial Services Authority completes BPR DCN banking crime investigation and transfers two directors to prosecutors
Indonesia’s Financial Services Authority (OJK) completed its banking crime investigation into PT BPR DCN and transferred two director suspects and evidence to prosecutors on Oct. 30, 2026. The allegations concern unrecorded cash advances with approximately IDR 5.8 billion unaccounted for, removal of collateral worth IDR 600 million, and false entries involving IDR 15.6 billion in credit facilities. One director also allegedly failed to record IDR 32.9 billion in deposits, while the suspected offenses carry maximum penalties of 15 years in prison and a fine of IDR 200 billion.