Your browser is out of date, and may not be compatible with our website. The Jakarta Post ... Jakarta / Mon, February 17, ... in connection with the office’s investigation of a corruption case pertaining to Jiwasraya’s fund management. The SOEs Ministry as the shareholder of state-owned enterprises, including Jiwasraya and Asabri, was no less disappointing. ... Jakarta Post - August 14, 2020. State insurer Asuransi Jiwasraya is deep in financial trouble after failing to pay out on customers’ policies when they fell due. As in the stock market, retail investors are the most vulnerable. A list of the most popular web browsers can be found below. "Kalau melihat penanganan Jiwasraya ini, dapat dilokalisir sebagai satu case dalam penangan investasinya Jiwasraya," ujar Hadiyanto di Jakarta, Rabu (15/1/2020). The Jakarta Post/ANN ... plan was to establish a state holding company for state-owned insurers by February to kick start efforts to help Jiwasraya’s customers. Melalui proses hukum maka terbuka kesempatan untuk membuktikan ketidakbenaran isu. Otherwise, we will be walking in circles, waiting for the next Century, or Jiwasraya, to unfold. Jakarta Post - September 8, 2020 ... a prime suspect in a money laundering case. Moch. Adapun portofolio investasi kedua BUMN asuransi ini pada saham emiten-emiten di lantai bursa mengalami penurunan yang cukup tajam. Now, the people who simply expected to deposit their money in a professional state financial institution, regulated and monitored by authorities, cannot cash in their policies that have matured. The OJK should have seen the Jiwasraya storm coming. With Bank Century we saw the LPS doing the dirty work of funneling hundreds of millions of dollars from state coffers into a lender that had allegedly been embezzled by its owners. The Attorney General’s Office began on Monday the questionings on witnesses and potential suspects of foul play in troubled life insurer Asuransi Jiwasraya, while the House of Representatives sought to open inquiry on the insurer's auditors, which include global accounting firm PricewaterhouseCooper. A list of the most popular web browsers can be found below. To prove whether the Business Judgement Rulr can be used to protect the decisions that have been made, surely it must proven first: how the decision process is made, both from the legal aspects of the company and the criteria for the Business Judgement Rule. WE Online, Jakarta - . 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. According to Ossy, SBY was very mindful in giving comments and views about the case of the state-run insurance company. Once the popular Indonesia Lawyers Club television talk show dedicated its three hours to Jiwasraya, viewers began to feel that it was the next big (financial) thing after the controversial — and emotionally draining— Bank Century bailout. September 7, 2020. 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, Picture taken September 7, 2020, in this photo taken by Antara Foto/M Risyal Hidayat/via Reuters. This completely tarnishes the OJK, the Indonesia Stock Exchange (IDX) and the government’s agenda of persuading more individuals to invest in Indonesia’s financial markets. 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. 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. Jakarta, IDN Times – Legal practitioner Ricky Vinando defended the defendant in the alleged corruption case of PT Asuransi Jiwasraya, Benny Tjokrosaputro. Insurance companies also must continually assess their risk and alert the regulator at least every two years or whenever they see fit. 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. JAKARTA (THE JAKARTA POST/ASIA NEWS NETWORK) - There are no signs that the Covid-19 pandemic will ease up any time soon. 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. Vinando defended the defendant in the PT Asuransi Jiwasraya in Jakarta ) tomorrow dana Jiwasraya kecurangan... 24, the IDX to flag up the transactions as suspicious benar adanya up... The government ’ s management decision caused the company ’ s calamitous.... The transactions as suspicious can be found below risk and alert the regulator at least two. 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