BPK: OJK Oversight Role, Key to the Jiwasraya Case
, Jakarta - The role of the supervision of the Financial Services Authority ( OJK ) in the case of alleged corruption within PT Asuransi Jiwasraya is in the spotlight. The Attorney General's Office continues to investigate the authorities, having previously named the Deputy Commissioner for Capital Market Supervision II of the 2017-2022 OJK Period, Fakhri Hilmi as a suspect.
"Witness examination is conducted to prove the involvement of the suspects, both OJK officials and corporate suspects who must be held accountable for state financial losses in Jiwasraya's financial management and investment," said Head of the Attorney General's Legal Information Center, Hari Setiyono, Tuesday, June 30, 2020.
Member III of the Supreme Audit Board (BPK), Achsanul Qosasi, said that OJK's supervisory role was key in the Jiwasraya case. According to him, this is not only the responsibility of the capital market watchdog, but also the supervisor of the non-bank financial industry, particularly the insurance industry.
"Products such as the JS Saving Plan which are currently in trouble and fail to pay, the proof is not prohibited, Jiwasraya obtained permission from the supervisor to issue the product even though it has a high risk of offering an interest rate of up to 12 percent," he said. As is well known, the alleged corruption case of Jiwasraya burst to the public after the uproar failed to pay for the JS Saving Plan product in October 2018.
On Monday, the Attorney General's Office examined three OJK officials, namely Deputy Director of Securities Institution Supervision, Ridwan, Director of Securities Transaction Supervision at the Securities Transaction Supervision Directorate of the Capital Market Supervision Department 2A, Muhammad Arif Budiman, and Head of Securities Transaction 1 Division at the Securities Transaction Supervision Directorate Capital Market Supervision Department 2A, Junaidi.
Whereas yesterday, examinations were conducted on three other OJK officials, namely the Head of the Capital Market Supervision 2 Department for the 2014-2017 period, Yunita Linda Sari, Head of the Trade Supervision Sub-Division 2 at the Securities Transaction Supervision Directorate, Nova Efendi, and the Head of the Trade Supervision Sub-Division 3 at the Directorate Supervision of Securities Transactions, Ika Dianawati Nadeak.
As for today the examination will be carried out on Fakhri Hilmi in his capacity as a suspect. He was named as a suspect on Thursday last week in conjunction with setting a suspect of 13 investment manager companies.
The Director of Investigation of the Deputy Attorney General for Special Crimes, the Attorney General's Office , Febrie Adriansyah, revealed that the examination will focus on developing and deepening the role of Fakhri in cases that are detrimental to state finances of up to Rp 16.81 trillion.