TEMPO.CO, Jakarta – Fast Respond philanthropic organizations or ACT got two big blows yesterday. The first is the revocation of the permit to collect money and goods by the Ministry of Social Affairs. Second, the Financial Transaction Reports and Analysis Center or PPATK froze 60 accounts belonging to them and their derivative foundations at 33 financial service providers.
Here are some facts that have been revealed about ACT’s fund management:
Head PPATK Ivan Yustiavandana explained that one form of the alleged misappropriation was in the management of funds from public donations for the business of ACT and the institutions under it.
“So we suspect this is a transaction that is managed from business to business, so it is not purely collecting funds and then channeled to the destination. But actually it is managed first so that there is profit in it,” said Ivan at his office, Central Jakarta, Wednesday, July 6, 2022.
Ivan explained that one of the PPATK’s findings was a transfer of Rp. 30 billion from ACT to a subsidiary of the philanthropic institution. From the results of the circulation of the money, Ivan said that ACT made a profit.
Next up: This finding is an analysis since 2018…
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