Prabowo Approves Blocking of Inactive Bank Accounts to Prevent Crime
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Jakarta, VIVA – The Head of the Financial Transaction Reports and Analysis Center (PPATK), Ivan Yustiavandana, stated that President Prabowo Subianto supports his agency’s move to block dormant or inactive bank accounts to prevent criminal activity.
The head of state supports the blocking of such accounts as long as it does not harm customers.
“He supports everything, in principle, we are safeguarding the interests of the customers so that they are not harmed, and to ensure that their accounts are not misused for criminal purposes. The key message from him is to protect everything,” Yustiavandana said on Thursday (May 22).
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He admitted that he discussed many matters with President Prabowo Subianto but declined to reveal the details.
“Yes, we discussed many things, and he gave a lot of direction,” he added.
Earlier, it was reported that the PPATK had temporarily suspended 28,000 passive or dormant accounts throughout 2024.
Yustiavandana explained that the suspension of these inactive accounts was carried out in accordance with Law No. 8 of 2010 concerning the Prevention and Eradication of Money Laundering.
The data, he said, was obtained from the banking sector.
“This step is part of the National Movement for the Prevention and Eradication of Money Laundering and Terrorism Financing conducted by PPATK and other stakeholders,” he remarked.
He explained that "dormant" is a banking term used to describe accounts that have shown no activity—such as withdrawals, deposits, or transfers—for a certain period.
Furthermore, he said the temporary blocking is also part of PPATK’s effort to protect public interest and uphold the integrity of Indonesia’s financial system.