During the search, police found seven suitcases in a locked safe.
It contained 74 kg of gold bullion and cash in the form of US$4.76 million, SGD14 million and Rp. 100 million.
The total estimated evidence found reached around IDR 476 billion.
The police also confiscated a number of documents, cellphones and family photos which they thought were related to the owner of the house and the owner of the items in the safe.
However, the police have not revealed the owner of the house because the investigation is still ongoing.
Previously, the National Police also confiscated around IDR 67 billion from searches at Cipete cafes and money changers.
In total, the police have searched 12 locations in the development of this case.
In your opinion, the confiscation of assets of this size could be an entry point to dismantling a larger network? Or does it still need to be proven first who the real owner is and where the funds flow?
Source: Bloomberg
