Karawang prosecutors detain three suspects in Rp237 billion mortgage corruption case

The Karawang District Attorney's Office has detained three executives from the housing developer PT Bumi Arta Sedayu (PT BAS) in connection with a mortgage (KPR) corruption scandal. The case involves the alleged distribution of fictitious credits for the Citra Swarna Grande and Kartika Residence housing projects in Klari, Karawang, between 2021 and 2024.

Investigators report that the scheme utilized systematic manipulation, including the use of identity proxies, data falsification, and forged documents to secure loans from a state-owned bank. According to the Indonesian Audit Board (BPK RI), the estimated state loss is approximately Rp237 billion involving 445 debtors.

Authorities have seized Rp42.54 billion from a PT BAS escrow account. Additionally, investigators have secured 495 pieces of evidence, including land certificates, electronic documents, and four buildings. The three suspects, identified by the initials VY, OH, and HH, are currently held at the Karawang Correctional Institution.