Transaction Reports and Analysis Center (PPATK) head Kiagus Ahmad Badaruddin, right, and deputy head Dian Ediana Rae after their inauguration by President Joko 'Jokowi' Widodo at the State Palace in Central Jakarta on Wednesday (26/10). (Antara Photo/Yudhi Mahatma)

President Jokowi Inaugurates Badaruddin as Head of PPATK


OCTOBER 26, 2016

Jakarta. President Joko "Jokowi" Widodo has sworn in Kiagus Ahmad Badaruddin as the new head of the Transaction Reports and Analysis Center, or PPATK, on Wednesday (26/10).

Badaruddin, the former inspectorate general of the Ministry of Finance, replaces Muhammad Yusuf, who has completed his term at the helm of the anti-money laundering agency.

Badaruddin was inaugurated along with his deputy Dian Ediana Rae, the former head of Bank Indonesia's Banten and West Java chapters. He replaces Agus Santoso.

They will serve in their respective positions for the next five years.

"Both are professional figures with integrity and they have experience and good track records. We need figures like them," Jokowi said at the State Palace in Central Jakarta.

He expressed hope that the succession will improve the agency's ability to monitor, analyze and evaluate suspicious transactions to prevent and eradicate money laundering, funding of terrorism, drug smuggling and tax fraud.

"I am sure the new PPATK head will be able to cooperate with all parties, including ministries, the OJK [Financial Services Authority], Bank Indonesia, the KPK [Corruption Eradication Commission] and the others," the president said.

Badaruddin, who worked for the KPK from 2003 to 2006, vowed to make the PPATK a more independent and credible institution, with better cooperation with the National Police and the Attorney General's Office.

He also plans to investigate people who have avoided paying tax for years.

"We will cooperate with the Finance Ministry, in particular the Taxation Directorate General. We will undertake legal measures and efforts to prevent money laundering as well," Badaruddin said.