AGO Reveals Role of CEO in Sritex Corruption Case

Tempo
08/14

The Attorney General's Office (AGO) has named Iwan Kurniawan Lukminto as a suspect in the corruption case involving bank loan facilities for PT Sri Rejeki Isman Tbk (Sritex). Iwan Kurniawan is the company's former Chief Executive.

"Based on the results of the investigators' examination, the Deputy Attorney General for Special Crimes (Jampidsus) has again named 1 suspect, IKL, as the former Vice President Director for the period 2012-2023," said Nurcahyo Jungkung, the Director of Investigation for Jampidsus at his office on Wednesday, August 13, 2025.

Nurcahyo stated that Iwan Kurniawan signed a letter requesting working capital and investment credit on behalf of the company to Bank Jateng in 2019. The credit request letter was allegedly conditioned to ensure approval by the CEO of Bank Jateng.

It is alleged that in 2020, Iwan Kurniawan also signed a credit agreement with PT Bank Pembangunan Daerah Jawa Barat and Banten (BJB), but its implementation did not align with the terms of the agreement.

In addition, Nurcahyo mentioned that Iwan Kurniawan signed a letter requesting disbursement of credit to Bank BJB in 2020, while allegedly attaching a fictitious invoice as evidence," he explained.

For these roles, Iwan Kurniawan is charged under Article 2 paragraph (1) or Article 3 Juncto Article 18 of Law Number 31 Year 1999 concerning the Eradication of Corruption Criminal Acts Juncto Article 55 paragraph (1) point 1 of the Criminal Code. He will be held in detention at the Salemba Detention Center Branch of the South Jakarta District Attorney's Office for the next 20 days.

Editor's Choice: AGO Names Sritex CEO Iwan Kurniawan as Suspect in Rp1.08 Trillion Loan Case

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