AGO Now Investigating Allegations Of PT Taspen Insurance Corruption

ILLUSTRATION/VOI

JAKARTA - The Deputy Attorney General for Special Crimes at the Attorney General's Office has begun to investigate cases of alleged criminal acts of corruption at PT Asuransi Jiwa Taspen for the 2017-2020 period.

The investigation was based on an investigation warrant (sprindik) in the case of alleged corruption in the management of investment funds at PT Taspen issued by the Jampidsus AGO.

"An Investigation Order signed by the Director of Investigation at the Deputy Attorney General for Special Crimes Number: Print-01/F.2/Fd.2/01/2022 dated January 4, 2022," said Head of the Attorney General's Legal Information Center Leonard Eben Ezer Simanjuntak in his written statement as quoted by Antara, Wednesday, January 12.

Leonard explained the position of the case on October 17, 2017, PT Taspen AJT placed an investment fund of Rp150 billion in the form of a fund management contract (KPD) at PT Emco Asset Management as the Investment Manager with the underlying in the form of a medium-term note (MTN) PT Prioritas Raditya Multifinance (PT PRM).

Although it was known from the start that the MTN of PT Prioritas Raditya Multifinance (PT PRM) did not receive an investment-grade rating.

The MTN disbursement funds by PT PRM were not used in accordance with the objectives of the MTN in the prospectus, but directly flowed and distributed to the PT Sekar Wijaya group of companies and several parties involved in the issuance of PT PRM's MTN resulting in default.

Furthermore, the collateral land and additional collateral for PT PRM's MTN were eventually sold to PT Nusantara Alamanda Wirabhakti and PT Bumi Mahkota Jaya.

"The sale of this land is through an investment scheme where PT Taspen Life invests in several mutual funds, then it is controlled to buy certain shares whose funds flow to the two companies for the purchase of collateral land and additional collateral," said Leonard.

As a result of these actions, Leonard said, it is suspected that the state's finances have been harmed by at least Rp161.6 billion.

With the issuance of the sprindik, he continued, investigators had examined a witness related to the case on Wednesday, January 12.

"The witness who was examined with the initials RS as the Head of the Finance and Investment Division of PT Asuransi Jiwa Taspen for the 2017-2020 period, was examined related to the MTN Prioritas Finance investment in 2017 by PT Taspen Life," Leonard said.

Leonard explained that the examination of witnesses was to provide information for the purpose of investigating a criminal case that was heard, seen, and experienced by the witness in order to find legal facts about the corruption crime that occurred at PT Asuransi Jiwa Taspen.

"Of course, witness examination is carried out by strictly following health protocols, including by implementing 3M," said Leonard.