Illegal ‘Pinjol’ are Money Launderers

PPATK’s newly minted chief, Ivan Yustiavandana, has a special assignment from President Joko Widodo. In addition to preventing and fighting money laundering crimes, PPAT has been ordered to crack down on illegal online lenders.

Mahardika Satria Hadi

November 1, 2021

THE inauguration of Ivan Yustiavandana as the new chief of the Financial Transaction Reports and Analysis Center (PPATK) for the period 2021-2026 at the State Palace last Monday, October 25, was not just a ceremonial event. Following the inauguration, President Joko Widodo sat down for a 15-minute tête-à-tête with Ivan and conveyed him a number of things. “It was not just about pinjol (online loan applications) and money

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