PPATK freezes 60 bank accounts of ACT and its subsidiaries

TEMPO.CO, JakartaThe Financial Transaction Reports and Analysis Center (PPATK) has frozen 60 bank accounts belonging to the humanitarian organization Aksi Cepat Tanggap (ACT) and its subsidiaries spread across 33 financial service providers for alleged embezzlement of public donations.

The head of PPATK, Ivan Yustiavandana, explained that a form of alleged embezzlement was found in the management of donations for the activities of the organization and the institutions dependent on it.

“We suspect this is a managed business-to-business transaction, so (ACT) is not just about raising funds and then channeling them to the destination (the needy) but [the funds] are actually run for profit first,” Ivan said at his office in central Jakarta on Wednesday, July 6, 2022.

He mentioned that one of the findings of PPATK was the transfer of money worth Rs 30 billion from ACT to its subsidiary. As a result, the philanthropic group made a profit. This was discovered during monitoring that had been conducted since 2018.

The freezing of the 60 accounts, Ivan assured, was based on the fact that the ACT had violated Presidential Regulation No. 18 of 2017 on the collection and distribution of public funds for the provision of aid.

“The regulations clearly state that any institution or community organization that collects and distributes donations must respect the principles of prudence and manage [the public donations] responsibly,” Ivan said.


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