Attorney General's Office Separates One By One 800 Blocked Securities Accounts Related To Jiwasraya

Illustration. (Photo: Unsplash)

JAKARTA - As many as 800 securities accounts were blocked due to Jiwasraya's default case. The order to block was mandated directly by the Attorney General's Office (Kejagung), in order to facilitate the investigation of major corruption cases in Jiwasraya.

All blocked securities accounts were obtained from 137 companies. Most of those who were blocked did not know what cases were going on.

According to Febrie Adriansyah, the Director of Investigation at the Junior Attorney General for Special Crimes, Febrie Adriansyah, all accounts that have been blocked will be separated, in order to facilitate the investigation of corruption cases in Jiwasraya.

"What is blocked must have a basis of connection. But in that there are several accounts that are blocked. Now these must be separated one by one, which transactions are directly related to a criminal act or not related to a criminal act," said Febrie in the statement received. , Thursday February 13th.

Febrie stated that all of the blocked share accounts were based on a link when there was an investment from Jiwasraya to several stocks and mutual funds. However, what is clear is that the blocking carried out was very technical, so that the investigation process for the corruption case in Jiwasraya could be opened up.

"But this is because the blocking is very technical in which the block is single investor identification (SID), so it involves several accounts that must be sorted one by one," he explained.

Meanwhile, Insurance Expert Hotbonar Sinaga admitted that blocking accounts from several securities and insurance companies would have a serious impact. The blocking will also cause unrest in the community.

Therefore, said Hotbonar, the government must take this problem seriously, in order to avoid all the bad effects that could occur.

"If the customer is kept silent for too long, they will feel sorry for him too. This will also trigger a systemic risk," said Hotbonar.

Hotbonar said that the AGO should have been able to open customer accounts that have nothing to do with the major cases that are currently happening.

"So securities and insurance companies must immediately discuss with the OJK what steps should be taken," he explained.

As is known, the AGO ordered that 800 securities accounts be blocked in connection with the investigation of the Jiwasraya case. The blocking was then discussed together at a meeting between the Indonesian Securities Companies Association (APEI) and Exchange Members on Thursday, January 23, 2020.

However, the meeting discussed about 1,000 sub-accounts that have been blocked, from as many as 60 single investor identification (SID).