jiwasraya case jakarta post

Benny Tjokrosaputro is seen during the trial of a corruption case in financial management and investment funds of PT Asuransi Jiwasraya at the court in Jakarta, Indonesia, September 7, 2020, — Antara Foto/M Risyal Hidayat handout pic via Reuters. A list of the most popular web browsers can be found below. JAKARTA - Attorney General's Office (Attorney General's Office) memastikan mengambil alih penanganan kasus penyimpangan keuangan di PT Asuransi Sosial Angkatan Bersenjata Republik Indonesia (ASABRI). Direktur Jenderal Kekayaan Negara Kementerian Keuangan (), Isa Rachmatarwata, menuturkan bahwa kasus yang menimpa PT Asuransi Jiwasraya unik.Sebab, mereka menawarkan produk asuransi yang tidak lazim ditemui di perusahaan asuransi pada umumnya, yaitu JS Saving Plan. But fundamental differences distinguish the Jiwasraya and Asabri cases from the infamous Rp 6.7 trillion (US$490 million) bailout, which saw the courts and lawmakers question the then-vice president, as well as the finance minister—the latter holding tasbih (prayer beads) in her hand. The state-owned insurance company PT Asuransi Jiwasraya confirms its inability to make payments for the matured claims of insurance policies totally worth Rp12.4 trillion (equivalent /- US$885.7 million) to around 17,000 policyholders of “JS Saving Plan” – an insurance-unit-link product – by the end of this year. A list of the most popular web browsers can be found below. August 12, 2020. Jakarta, IDN Times – The Jiwasraya case will enter the hearing stage on Wednesday (1/7) tomorrow. State insurer Asuransi Jiwasraya is deep in financial trouble after failing to pay out on customers’ policies when they fell due. (Antara/Galih Pradipta), Gojek in talks with Tokopedia for $18b merger: Bloomberg News, Difficult 2020 ends on an improving note for US carmakers, Indonesia’s vaccination plan deemed ‘too ambitious’, Anies balks at imposing partial lockdown despite resurgence in cases, Oxford Economics projects Indonesia’s GDP to grow 6% in 2021, Breaking the silence on gender identity in Asia Pacific, Challenges of home learning during a pandemic through the eyes of a student, De Bruyne hails Manchester City display in win over Chelsea. Indonesia's sovereign wealth fund raises questions: Jakarta Post columnist For Jiwasraya's victims, their lives are on hold. — The Jakarta Post. TEMPO.CO, Jakarta - A personal staffer of Democratic Party Chairman Susilo Bambang Yudhoyono, Ossy Dermawan, revealed that SBY had a meeting with the party faction members in the House of Representatives (DPR) in talks of alleged corruption case of Jiwasraya.. Just click on the icons to get to the download page. Let us assume this is simply a business decision regarding a state firm rather than taxpayers’ money being funneled into a failing state enterprise. At present, Jiwasraya is still waiting for the… When you invest your money in professional pension funds, or simply prepare for a rainy day with adequate insurance, you have the right to assume the institution taking care of your precious money is above board – if only because the authorities should be watching them. Kasus ASABRI ini, ada bertalian dengan terpidana korupsi dan TPPU Jiwasraya. According to Ossy, SBY was very mindful in giving comments and views about the case of the state-run insurance company. MEDIABUMN.COM, Jakarta – Jiwasraya dan Asabri tengah menjadi sorotan tajam masyarakat menyusul gagal bayar dana nasabah Jiwasraya dan sejumlah dugaan korupsi di tubuh Asabri yang nilainya fantastis mencapai Rp10 triliun. The Supreme Audit Agency (BPK) has been auditing the financial system authority and several state companies as part of its investigative audit on state-owned insurer PT Asuransi Jiwasraya following the Attorney General’s Office's (AGO) decision to name more suspects in the Jiwasraya corruption case. Asabri, meanwhile, is doing just “fine” with “good” cashflow and assets, as SOEs Minister Erick Thohir said, and therefore will be able to cope with its investment losses. Jaksa Agung ST Burhanuddin Turut Nampang Saat Eksekusi Uang Rp 477 Miliar Lebih Dengan Terpidana Kokos Jiang Alias Kokos Leo Lim yang digelar usai Sholat Jumat, di Ruang Pertemuan Pusat Penerangan Hukum Kejaksaan Agung (Puspenkum), Komplek Kejaksaan Agung, Jakarta Selatan, Jumat (15/11/2019).Selain Jaksa Agung ST Burhanuddin, tampak Kepala Kejaksaan Tinggi DKI Jakarta … WE Online, Jakarta - . Jakarta Globe brings our readers unrivaled, authoritative reporting and writing in English on Indonesia, Asia and the wider world. Indeed OJK regulations require insurers to file monthly periodic assessments. Jakarta, IDN Times – Legal practitioner Ricky Vinando defended the defendant in the alleged corruption case of PT Asuransi Jiwasraya, Benny Tjokrosaputro. The Jiwasraya case should be a lesson in the insurance industry ecosystem JAKARTA — Economist at the University of Indonesia (UI) Telisa Aulia Falianty hopes that efforts to save PT Asuransi Jiwasraya (Persero) does not stop at the restructuring program. IO, Jakarta – Both the Democrat Party and the Prosperous Justice Party (Partai Keadilan Sejahtera – “PKS”) Factions officially submitted proposals for establishing a Special Task Force to deal with the Jiwasraya Case. Jakarta Post - September 24, 2020 The prosecution demanded a life sentence and Rp 1 billion (US$67,256) fine for former Jiwasraya financial director Hary Prasetyo, 20 years and a Rp 1 billion fine for former president director Hendrisman Rahim, and 18 years and a Rp 1 billion fine for former finance and investment division head Syahmirwan. On Jan. 24, the Attorney General&rsqu... Office of state-owned insurance company PT Asuransi Jiwasraya in Jakarta. State-owned insurer PT Asuransi Jiwasraya’s investment mismanagement case has had a ripple effect on other companies in the financial industry. Adapun portofolio investasi kedua BUMN asuransi ini pada saham emiten-emiten di lantai bursa mengalami penurunan yang cukup tajam. If you wonder why you keep hearing the word “Jiwasraya” recently, here’s why. The million-dollar question: Was the IDX not in the loop with the investigation carried out by the OJK, the Attorney General’s Office and the Supreme Audit Agency (BPK), which claimed to have been suspicious “for years”? It turns out Jiwasraya promised customers hefty gains but invested their funds in questionable stocks. The OJK should have seen the Jiwasraya storm coming. Is it too much to expect the IDX to flag up the transactions as suspicious? Your browser is out of date, and may not be compatible with our website. With the Jiwasraya and Asabri cases, as well as the flag carrier Garuda Indonesia’s smuggling case, it is high time for the ministry to look into the leaders of Indonesia’s state enterprises. How far can the IDX step in to protect investors’ funds? First, the government and House of Representatives are agreed on no taxpayer bailout for Jiwasraya, although the State-Owned Enterprises (SOEs) Ministry plans to inject up to Rp 2 trillion into a state insurance holding company to create a lifeline for Jiwasraya. But as an institution with oversight of the performance of financial firms, and with the authority to enforce good corporate governance, the OJK simply doing its job is the least we might expect to safeguard the industry, and our investments. Second, Jiwasraya is a nonbank financial institution, meaning no customer funds were guaranteed by the Indonesian Deposit Corporation (LPS)—another reason the government is avoiding a bailout of Jiwasraya. — Tempo.co. A man walks at the office of state-owned insurance company PT Asuransi Jiwasraya in Jakarta. Staff shortages have become the OJK’s classic excuse in monitoring the financial services industry, not only insurance companies. 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