Alleged Corruption By BP Jamsostek, KSPI Remind Jiwasraya And Asabri's 'Repetition': Don't Play, It's Labor Money

JAKARTA - The Confederation of Indonesian Workers Unions or KSPI responded to a case of alleged corruption or irregularities in investment funds worth IDR 43 trillion in BPJS Ketenagakerjaan or BP Jamsostek. KSPI President Said Iqbal is worried that this case will be like Jiwasraya and Asabri.

Iqbal said there were two main elements that caused losses in the Jiwasraya and Asabri mega scandals. These two factors are related to investment management that has an impact on fulfilling obligations for participants or customers.

Furthermore, Iqbal said that the first cause of the loss was fraudulent investment, namely the placement of investments in instruments that were not ideal. In the Jiwasraya and Asabri cases, investments were placed in stocks which are often called fried foods.

"Did BPJS Ketenagakerjaan make fraudulent investments? Because there are allegations of affiliation with Benny Tjokro who was the suspect in the Jiwasraya and Asabri (cases), don't mess around because this is labor money, please explain this," he said, in a virtual press conference, Wednesday, 10 February.

The second reason is that the investment decision maker officials get benefits from the choice of investment. Iqbal said that in the Jiwasraya and Asabri case these officials "received a commission".

This practice, said Iqbal, constitutes corruption in investment management, so it must be dealt with. KSPI is also worried that the two elements will also occur in BP Jamsostek. Because, it will involve workers' funds.

"Could it be that BPJS Ketenagakerjaan was placed in fraudulent investments? Please answer by the Attorney General's Office, there must be a more transparent message because this one month (of investigation) we don't know anything," he said.

Chairman of the Indonesian Employers Association (Apindo) Hariyadi Sukamdani appealed to the public not to be affected by negative issues with the case that ensnared BPJS Ketenagakerjaan / BP Jamsostek.

Hariyadi believes workers' funds are safe. The reason is that the case currently being experienced by BP Jamsostek is different from the Jiwasraya and Asabri corruption cases. This is because the supervision is relatively tight. Because there are representatives from employers, trade unions, government, and community leaders.

Furthermore, Hariyadi said that he had been a Commissioner and Member of the Supervisory Board of BP Jamsostek so that he understood very well how rigid the investment fund management regulations became BP Jamsostek guidelines, both from external and internal regulations.

"We believe that the management of workers' funds by BP Jamsostek has been carried out according to good and safe procedures," he said, in a virtual press conference, Wednesday, February 10.

Even so, Hariyadi said, Apindo also encouraged BP Jamsostek to continue to provide the best service to participants throughout Indonesia.

"We will wait for the legal process to proceed properly and we hope that this case can be resolved soon and does not cause speculation and unrest in the community regarding the safety of workers' funds," he said.

For your information, BP Jamsostek is suspected of corrupting financial management and investment funds. Investigators at the Attorney General's Office (AGO) have ransacked his office, and a number of officials and employees are also being questioned as witnesses to the submission from the Supreme Audit Agency (BPK).

As of February 3, the Directorate of Investigation at the Junior Attorney General for Special Crimes (Jampidsus), the Attorney General's Office (AGO) has examined five high-ranking securities companies as witnesses in a case of alleged corruption in financial management and investment funds at BP Jamsostek.

The five witnesses with the initials BS as Director of PT BRI Danareksa Sekuritas, TM as President Director of PT Indo Premier Sekuritas, IC as President Director of PT Panin Sekuritas Tbk, NY as Head of Equity Sales at PT Sucor Sekuritas, and SAP as Head of PT Valbury Sekuritas Indonesia.