Mirae Asset Denies Rp14.5 Trillion Issue, Emphasizes Customer Funds are Safe in the midst of OJK Investigation

Illustration - Mirae Asset Sekuritas Building. (Photo: ANTARA)

JAKARTA - PT Mirae Asset Sekuritas Indonesia (MASI) has clarified the news that the figure of around IDR 14.4 trillion was the amount of money that was allegedly transferred to the account of a company that was allegedly owned by the company's founder. The news was reported by the Financial Services Authority (OJK) on Wednesday, March 4, 2026.

Director of Mirae Asset Sekuritas Indonesia, Tomi Taufan, emphasized that the reported figures were not related to the company's financial performance.

"Regarding the figure of around Rp. 14.5 trillion mentioned in a number of reports, we need to emphasize that the value is not the profit, assets, or income of Mirae Asset Sekuritas," said Tomi in a written statement, Sunday, March 8.

Customer Funds are Assured to be Safe

Management also ensures that all effects and funds belonging to customers remain safe. Investor funds and investment portfolios are recorded and stored in the PT Kustodian Sentral Efek Indonesia (KSEI) system.

In accordance with applicable capital market regulations, customer funds are kept separately from the company's assets and are under the supervision of the relevant authorities.

The mechanism aims to provide maximum protection for investors in the capital market.

"The effects and funds belonging to customers are recorded and stored in the KSEI system. In addition, customer funds and investment portfolios are also stored separately in accordance with applicable regulations and are under the supervision of the relevant authorities," management wrote in an official statement quoted on Saturday (7/3/2026).

Mirae Asset also emphasized that the company's operational activities continued to run normally amid the ongoing investigation process. The company stated that it continued to be committed to providing investment services by strengthening technology, system infrastructure, and security standards to ensure a safe investment process for customers.

Tomi added that his party respects the ongoing legal process and will be cooperative with the authorities.

"Mirae Asset always upholds the principles of transparency, good corporate governance, and compliance with all applicable regulations in the Indonesian capital market," said management.

The company also urges the public to wait for the official results of the investigation process conducted by the authorities and not to draw conclusions that are not necessarily in accordance with the facts.

OJK Investigation Related to Alleged Market Manipulation

Previously, the Financial Services Authority revealed alleged criminal acts in the capital market sector which dragged Mirae Asset Sekuritas Indonesia and the issuer PT Berkah Beton Sadaya Tbk (BEBS).

The case relates to alleged manipulation of material fact information, including the failure to report the affiliate that received a fixed quota in the initial public offering (IPO) share offering process, as well as reports on the use of public offering funds that are not in accordance with the facts.

The practice is suspected of violating Article 104 in conjunction with Article 90 of Article 107 of Law Number 8 of 1995 concerning the Capital Market.

In addition, OJK investigators also found indications of a dummy transaction involving seven corporate entities and 58 individual entities suspected of acting as nominees. The transaction is said to have been executed by six operators under the control of the suspect.

The series of transactions allegedly caused the price of PT Berkah Beton Sadaya Tbk shares to soar by 7,150 percent in the regular market in the period 2020 to 2022.

OJK also suspected the involvement of several parties, including ASS as the beneficial owner of BEBS, MWK who is a former Director of Investment Banking MASI, and the Mirae Asset Sekuritas corporation with insider trading modus to a dummy transaction.

Until now, OJK investigators have examined at least 25 witnesses from various parties, ranging from Mirae Asset Sekuritas, Berkah Beton Sadaya (BEBS), banking parties, to a number of nominee parties related to the case.

The visit of the OJK investigators together with the police to the Mirae Asset Sekuritas office at the Treasury Tower, South Jakarta, was a matter of concern.

A dozen OJK investigators wearing red vests arrived at the Treasury Tower Building, District 8, SCBD.

The investigators were seen carrying a number of boxes and cardboard boxes suspected of containing documents related to the investigation process. Until now, the process of deepening the case is still ongoing.