The Attorney General Of The United States ' s Workplace (AGO) has seized Rp 18.5 trillion (US$ 1.32 million) in assets from 6 offenders standing trial in the PT Asuransi Jiwasraya corruption and money laundering case.
The offenders consist of former Jiwasraya president director Hendrisman Rahim and 2 other former Jiwasraya executives– who are all accused of mismanaging premium profits from the JS Conserving Plan, among Jiwasraya’s insurance coverage products, by investing it in multiple properties. Three other offenders are executives of 3 various business, consisting of an openly noted residential or commercial property company, who are implicated of manipulating Jiwasraya’s investment for personal gain.
The alleged financial investment mismanagement resulted in the business ' s failure to pay Rp 16 trillion in matured policies due in February to its policyholders.
The properties seized from the defendants vary from money, shared funds, land to house systems– all gathered by investigators because the start of their probe on Dec. 17, assistant attorney general of the United States for general crimes Ali Mukartono said.
Ali stated the total worth of the seized properties had actually exceeded the Rp 16.81 trillion in state losses sustained by Jiwasraya’s investment mismanagement as audited by the Supreme Audit Company (BPK) from 2008 to 2018.
” We are attempting our finest to bring back state losses triggered by the [investment] mismanagement,” Ali stated throughout a hearing with your home of Representatives Commission III overseeing legal affairs on Thursday.
Indonesian Democratic Celebration of Battle (PDI-P) legislator Trimedya Panjaitan praised what he called development in the AGO ' s investigation.
The AGO named recently 13 new suspects in the case– all investment management business– for apparently assisting the six offenders wash the premium profits collected by Jiwasraya from 2014 to 2018.
It has actually likewise named a Financial Provider Authority (OJK) official, determined as FH, a suspect in the case. He is presumed of abuse of power, which is thought to have led the way for Jiwasraya ' s financial investment mismanagement during FH’s period as OJK department head of capital market tracking from 2014 to 2017.
Trimedya, nevertheless, recommended that the AGO also take a look at the liquidity of the possessions so that it could quickly transform them into cash to bring back state losses.
” Think of if a few of the land has been used by the offenders as security to get loans from banks. It would be really difficult to transform them into money,” he stated.
NasDem Celebration lawmaker Taufik Basari said the AGO should not only attempt to restore the state losses however also find a way to return all premiums that had been paid by JS Conserving Plan policyholders.
