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Sritex’s Bogus Credit Scandal

Monday, June 2, 2025

The Attorney General’s Office named three suspects in the Sritex loan corruption case. The company received billions in loans despite operating at a loss.

arsip tempo : 177599932872.

Sritex workers welcomed Deputy Minister of Manpower Immanuel Ebenezer Gerungan to their factory in Sukoharjo Regency, Central Java, on October 28, 2024. Tempo/Septhia Ryanthie. tempo : 177599932872.

ONE of the mobile phones belonging to Iwan Setiawan Lukminto, President Commissioner of Sri Rejeki Isman (Sritex), was suddenly traced to Sanggau Regency, West Kalimantan, in May 2025. The location is near the Indonesian-Malaysian border. At the time, investigators from the Deputy Attorney General for Special Crimes (Jampidsus) at the Attorney General’s Office (AGO) were zeroing in on Iwan in connection with a corruption case involving non-

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Lani Diana

Fajar Pebrianto, Vedro Imanuel Girsang, Jihan Ristiyanti, Aminuddin A.S. (Bandung), and Septhia Ryanthie (Solo) contributed to the writing of this article. 

Corruption Attorney General's Office Sritex non-performing loans credit misuse
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