New Policy: BPA Fair 2026 Day 2 Auctions Generate Rp1.65 Billion Profit
New Policy – Under the new policy, the second day of the BPA Fair 2026 saw a significant surge in the value of assets auctioned, with total bids reaching Rp4.8 billion. This marks a notable increase of approximately Rp1.65 billion compared to the initial price limits set for the event. The Badan Pemulihan Aset (BPA) of the Kejaksaan Republik Indonesia has reported promising outcomes from the ongoing activities, highlighting the success of the updated strategy.
Increased Participation and Competitive Bidding
The new policy has evidently boosted participation in the auction process, as noted by Kepala Badan Pemulihan Aset, Kuntadi. He stated that the level of interest from participants has been substantial, leading to intense bidding sessions. “The results today reflect a gain of up to Rp1.65 billion. This is a positive start, and we believe the auctions tomorrow will be even more competitive,” Kuntadi explained in a statement on Wednesday (19/5/2026). The policy’s emphasis on transparency and accessibility has likely contributed to this heightened engagement.
“Thanks to the new policy, the auction process has become more efficient, resulting in higher participation and better prices for the assets,” said Kuntadi. He added that the updated guidelines have streamlined the auction mechanisms, allowing for more robust competition among buyers.
High-Value Assets Successfully Sold
Several high-profile assets were sold during the auctions, showcasing the effectiveness of the new policy. Notably, the Harley Davidson Road Glide motorcycle belonging to terpidana H. Rajo Emirsyah fetched Rp901.445.700, surpassing its price limit of Rp87.445.700. Similarly, the Mercedes-Benz S400 was sold for Rp601.193.200. These transactions underscore the policy’s success in attracting bidders and maximizing returns for the state.
Other assets, such as the BMW from terpidana Denden Imadudin Soleh, the electric Ioniq, and the Mercedes-Benz black metallic model, also found buyers. The new policy has enabled the BPA to present these items in a more organized manner, ensuring their market value is preserved and enhancing their appeal to potential purchasers.
Progress Toward PNBP Targets
The new policy has helped BPA achieve substantial progress toward its Pendapatan Negara Bukan Pajak (PNBP) goals. As of mid-May 2026, the organization has secured about one-third of its annual target, which exceeds Rp3 trillion. Kuntadi emphasized that the policy’s implementation has been key to reaching these milestones, as it has improved the efficiency of asset recovery and increased public trust in the process.
Despite the overall success, some assets like the BMW 220i from terpidana Muchlis Nasution remain unsold. Kuntadi mentioned that these cases will be analyzed to refine the policy further and ensure optimal participation in future auctions. The new strategy also includes continued efforts to auction assets from Harvey Mois, such as jewelry, luxury bags, and real estate, expanding the range of items available for public bidding.
Collaboration with KPKNL and Public Interest
The new policy has fostered stronger collaboration between BPA and local Kantor Pelayanan Kekayaan Negara dan Lelang (KPKNL) units, ensuring smoother execution of auctions. This partnership has not only improved the efficiency of the process but also increased public interest in acquiring these assets. For instance, the KPK’s recent auction of seized goods in March 2026 generated Rp10.9 billion, while the Pemerintah Provinsi Kalimantan Timur reported Rp2.1 billion in revenue from Barang Milik Daerah Kaltim sales.
Furthermore, the new policy has enabled the Kejaksaan Agung to successfully auction 10 luxury vehicles from terpidana Doni Salmanan, totaling Rp9.8 billion. The Kejagung’s showcase of assets like Ferrari, Ducati, and branded bags demonstrates the policy’s effectiveness in maintaining the value of seized items and facilitating their sale to the highest bidder.
“The new policy has transformed the auction landscape, making it more transparent and attractive to both domestic and international buyers,” Kuntadi reiterated. He added that the policy’s implementation has been a critical step in strengthening the nation’s asset recovery framework.
