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Indonesia freezes Islam group-related bank accounts

Indonesia’s Financial Transaction Reports and Analysis Centre (PPATK) has temporarily frozen bank accounts belonging to the recently banned Islam Defenders Front (FPI) and its affiliated groups on suspicion of money laundering.
Indonesia freezes Islam group-related bank accounts ảnh 1Indonesian police (Source: The Wall Street Journal)
Jakarta (VNA) – Indonesia’s Financial Transaction Reports andAnalysis Centre (PPATK) has temporarily frozen bank accounts belonging to therecently banned Islam Defenders Front (FPI) and its affiliated groups onsuspicion of money laundering.

Head of PPATK’s public affairs unit Natsir Kongah was quotedby local media as saying that the move was in line with the 2010 Law on MoneyLaundering and the 2013 Law on Prevention and Eradication of Terrorism Funding.

He told the Tempo on January 6 that the centre had decidedto suspend any transaction and activities coming from the accounts of the FPIand its affiliations to support an analysis and financial investigation intosuspicious transactions, with indications of money laundering or connection toother crimes.

The Indonesia Government issued on December 30, 2020 a jointministerial decree banning the hardline group and its activities on the groundsthat its organizational license had expired, it had engaged in vigilantism, itsstatute contradicted the Pancasila state ideology and some of its members hadbeen implicated in terrorism./.
VNA

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