Jiwasraya: Only SOEs Can Buy Citos

Mall illustration. (Photo: Unsplash)

JAKARTA - The management of PT Asuransi Jiwasraya (Persero) plans to sell a number of its assets to pay refunds to its customers. One of its potential assets is the Cilandak Town Square (Citos) shopping center building in South Jakarta.

Jiwasraya Managing Director Hexana Tri Sasongko said the Citos sale would not be carried out by means of an open tender. Management, he said, would only release the property to other state-owned companies.

"Actually, there are four SOEs (interested), then that the release of Citos, we use the simplest scheme, is given to between SOEs. So it is not given to the wider community," he said, in a video conference with journalists, in Jakarta, Tuesday, March 31st.

Hexana admitted that the management of PT Asuransi Jiwasraya had received a down payment of IDR 1.4 trillion from the sale of the property, which had been received since 2018.

Even so, Hexana is still reluctant to reveal which SOEs are interested in buying Citos. Because, he said, currently Citos sales are still in progress.

"Now it is in the process (of selling), so what we are using to pay today is from assets that we can still liquidate," he said.

For your information, the management of PT Asuransi Jiwasraya (Persero) has begun to install the first phase of the refund on Tuesday, March 31. Priority customers are small traditional customers with a total of 15,000 people. Meanwhile, the funds prepared were IDR470 billion.

Previously, the Supreme Audit Agency (BPK) had completed an audit regarding losses due to the Jiwasraya corruption case. Losses reached IDR 16.81 trillion. This exceeds the initial estimate of Rp. 13.7 trillion.

In this case, the Attorney General's Office has named six suspects. They are the former Jiwasraya President Director, Hendrisman Rahim and the former Jiwasraya Finance Director, Hary Prasetyo.

Then the former Head of Jiwasraya's Investment and Finance Division, Syahmirwan; Commissioner of PT Hanson Internasional Tbk, Benny Tjokro; President Commissioner of PT Trada Alam Minera (TRAM) Tbk, Heru Hidayat; as well as the Director of PT Maxima Integra, Joko Hartomo Tirto.