After Six Years, Indosurya Victims Receive Only 2.8% of Their Losses

JAKARTA, KOMPAS.com - Six years after the Indosurya Savings and Loans Cooperative (KSP) failed to repay funds to depositors in 2020, victims have only just received a return of 2.8% of their losses.

Christian, one of the victims, recently received approximately IDR 70 million from a total loss he incurred of IDR 3 billion, translating to just 2.8% of his total loss.

"So, we each received about 2.8%. This is indeed for the first stage, but it's still a long way off. And there are indeed other assets. The other assets that have been seized have not yet been auctioned, and some of the seized assets are suspected to have been embezzled too," Christian said during an interview at the Asset Recovery Agency (BPA) on Tuesday (20/10/2026).

He expressed hope that the BPA would continue tracing other assets that have not been seized, including those listed in the court ruling.

"Yes, the hope is that the other assets that have not been confiscated will be auctioned off soon. And for those assets that are already in the court ruling but have not yet been seized, we hope that they will be confiscated," he said.

Christian shared that he placed funds in Indosurya since 2017, when the cooperative attracted many customers, including the elderly.

"Most of the Indosurya customers are already elderly, indeed, they are mostly their pension funds. Generally, they used to save in banks and are perhaps closely acquainted with bank personnel, like relations managers," he explained.

He noted that he chose Indosurya for his savings because it offered an interest rate of around 8% per year.

"It's not really profit, you know, the interest is there, usually around 8%. They gave me that interest throughout 2017, until they ultimately failed to pay in 2020," Christian said.

Patris Yurian Jaya, head of the Asset Recovery Agency at the Attorney General's Office, acknowledged that the amount of losses repaid is still far from the total losses faced by the victims.

He stated that the total repayment of IDR 229.4 billion at this time is still in the early stages.

"After a long journey, from 2022 to the end of 2024, we can realize the wishes and rights of the victims of KSP Indosurya today, even though it is still far from the total losses experienced by all of you," said Patris.

Patris explained that the IDR 229.4 billion comes from several seized items, including cash in both rupiah and foreign currencies, as well as proceeds from the sale or auction of assets traced from the convicted Henry Surya.

According to him, the BPA will continue to investigate and track assets, including confiscating and auctioning assets that can be used to restore the victims' losses.

"We hope that after this first stage, there will be a second stage, and subsequent stages that will allow the victims' losses to be minimized," he said.