Through its legal representative from PR & Partners Law Office, it officially reported alleged sharia banking violations involving PT BPRS HIK Parahyangan Bandung to the Financial Services Authority (OJK).
The report was submitted via a complaint letter and request for a special investigative audit addressed to the Chair of the Board of Commissioners of OJK RI, the Head of OJK Regional 2 West Java, and the Head of the Department of Investigation for Financial Services Sector (DPJK) at OJK.
Aknes’ legal representative, Paizal Reza, stated that the complaint originated from a dispute over the control of hundreds of land certificates belonging to the client, which were allegedly used in the financing process by PT BPRS HIK Parahyangan.
According to Paizal, there are several irregularities that need to be investigated by the regulator, especially regarding the financing process involving PT Global Land and PT Gurki Putra Mandiri.
“Based on the documents we have, the financing secured by 128 land certificates was carried out through a Al Murabahah Financing Agreement dated March 27, 2024. Meanwhile, the legality of the takeover of PT Gurki Putra Mandiri by parties referred to as new management was recorded through a General Meeting of Shareholders Deed dated April 18, 2024,” said Paizal in his statement.
He questioned the legal authority basis used in the process of binding the collateral.
“How is it possible that the financing and collateral binding were carried out before the relevant party had a valid legal authority basis? This is an important question that needs to be investigated by the regulator,” he said.
Additionally, the reporting party also highlighted the response of PT BPRS HIK Parahyangan in the OJK Consumer Protection Portal Application (APPK). According to Paizal, the bank requested additional time to complete documents, but at the same time had already provided a conclusion rejecting the obligation to pay the client.
According to him, this condition indicates an inconsistency that could potentially hinder the resolution of the dispute.
Paizal also revealed an alleged involvement of several bank officials and internal employees in the Al Murabahah financing process, which is said to have facilitated the disbursement of a new financing worth Rp7.5 billion using assets claimed to belong to the client.
Furthermore, Paizal also highlighted the physical handover of an additional 164 certificates in July 2024, which were received by several bank operational representatives. According to him, this handover occurred when the payment issue to the asset owner had not been resolved.
Moreover, Paizal also claimed to have minutes of a meeting that took place in November 2025 at the headquarters of BPRS HIK Parahyangan.
“In that document, there is discussion regarding the plan for payment settlement and return of certificates still held by the bank,” he added.
Banking to Money Laundering
Paizal Reza requested OJK to conduct a comprehensive investigative audit of the disputed financing process. He suspects that there has been a violation of the prudential banking principle as regulated in Article 2 and Article 29 of Law Number 21 of 2008 concerning Sharia Banking.
“This constitutes a criminal act of banking as referred to in Article 63 paragraph (1) letter a and Article 66 of Law Number 21 of 2008 concerning Sharia Banking.”
Not stopping there, the report also includes alleged criminal acts of fraud, embezzlement, forgery of documents, and money laundering related to the disbursement of financing funds worth Rp7.5 billion, which the reporter claims used the client’s collateral assets.
“Civilly, the bank’s actions could potentially fulfill the elements of Unlawful Acts as regulated in Article 1365 of the Indonesian Civil Code,” he emphasized.
Claimed Losses of Rp35.5 Billion
As a result of the incident, Paizal stated that the client suffered material and immaterial losses totaling Rp35,518,000,000.</p
Office
An office is a room or building used for administrative or professional work, often associated with clerical tasks, management, and business operations. Its history traces back to ancient times, such as Roman tabulariums for record-keeping, but the modern office emerged during the Industrial Revolution as companies centralized paperwork and management. Today, offices have evolved to include open layouts, technology hubs, and remote work options, reflecting changes in work culture and communication.
BPRS HIK Parahyangan
BPRS HIK Parahyangan is a Sharia-compliant rural bank based in Bandung, West Java, Indonesia. It was established to provide Islamic banking services, adhering to principles that prohibit interest (riba) and promote profit-sharing and ethical investments. The bank serves local communities, particularly micro, small, and medium enterprises, supporting economic growth in the region.
Financial Services Authority (OJK)
The Financial Services Authority (OJK) is an independent regulatory agency in Indonesia responsible for overseeing and regulating the financial services sector, including banking, capital markets, and non-bank financial institutions. Established in 2011 under Law No. 21 of 2011, OJK was created to take over supervisory functions from Bank Indonesia and the Capital Market and Financial Institution Supervisory Agency (Bapepam-LK), aiming to strengthen financial system stability and protect consumers. It officially began operations on January 1, 2013, and plays a key role in ensuring transparency, fairness, and accountability in Indonesia’s financial markets.
OJK Regional 2 West Java
OJK Regional 2 West Java is the regional office of Indonesia’s Financial Services Authority (OJK) that oversees financial sector regulation and supervision in the West Java province. Established as part of OJK’s decentralization efforts following its founding in 2011, this office plays a key role in ensuring financial stability, consumer protection, and inclusive economic growth in the region. Its work supports local banks, insurance companies, and capital market institutions while promoting financial literacy among West Java’s diverse population.
Bandung City
Bandung, the capital of West Java, Indonesia, is a historic city known for its colonial-era architecture and cool mountain climate. It gained international prominence as the host of the 1955 Asia-Africa Conference, a landmark event in the Non-Aligned Movement that united newly independent nations. Today, it is a vibrant cultural and creative hub, famous for its art deco buildings, culinary scene, and as a popular weekend getaway.
PR & Partners Law Office
PR & Partners Law Office is a legal firm that provides professional legal services, though it does not represent a well-known historical or cultural site. As a modern business establishment, its history is likely tied to the founding of the firm and its practice of law in a specific jurisdiction, rather than any significant cultural heritage. For detailed historical information, one would need to consult the firm’s own records or local legal directories.
OJK Consumer Protection Portal Application (APPK)
The OJK Consumer Protection Portal Application (APPK), launched by Indonesia’s Financial Services Authority (OJK), is a digital platform designed to help consumers file complaints and access information about financial services. It was developed as part of OJK’s broader efforts to enhance consumer protection and financial literacy in Indonesia’s rapidly growing financial sector. The app provides a centralized channel for reporting issues such as fraud or unfair practices, aiming to increase transparency and accountability among financial institutions.
Indonesian Civil Code
The Indonesian Civil Code (Kitab Undang-Undang Hukum Perdata, or KUHPer) is a key legal document inherited from the Dutch colonial era, originally based on the Dutch Civil Code (Burgerlijk Wetboek) of 1847. It was introduced to the Dutch East Indies and, after Indonesia’s independence, was retained under the transitional provisions of the 1945 Constitution. Today, it governs private law matters such as contracts, property, family, and inheritance, though it has been partially amended by subsequent national legislation.
