KPK Finds Out PT Insight Investment Management's Affiliated Business Activities In PT Taspen Corruption Case

KPK spokesman Tessa Mahardika. (Tsa-Tsia-VOI)

JAKARTA - The Corruption Eradication Commission (KPK) is investigating business activities affiliated with PT Insight Investment Management. This step was taken to investigate allegations of corruption related to fictitious investments in PT Taspen (Persero).

"The material is related to the suspect's business (in this case, ed) with the affiliated company involved in the Taspen investment activity at PT IIM (Insight Investment Management)," said KPK Spokesperson Tessa Mahardhika to reporters in her statement, Monday, February 3.

Tessa said this information was studied by a witness who was questioned on Friday, January 31. "The examination was carried out at the KPK's Merah Putih building," he said.

The witness being examined was Eko Yuliantoro as a private employee.

Previously reported, the KPK has detained former Director of PT Taspen (Persero) Antonius NS Kosasih and former President Director of PT Insight Investment Management Ekiawan Heri Primayanto regarding the alleged corruption of fictitious investments in the state-owned company. Their actions allegedly cost the state up to Rp200 billion.

This case began when PT Taspen (Persero) placed an investment of IDR 1 trillion in the RD I-Next G2 mutual fund managed by PT Insight Investment Management. The private company then spread it to a number of investments but not according to the rules.

In detail, Rp78 billion is managed by PT Insight Investment Management. Then, as much as Rp2.2 billion is managed by PT VSI; Rp102 million is managed by PT PS; Rp44 million goes to PT SM; and other parties affiliated with Kosasih and Ekiawan.

In this case, the investigative team has also searched two apartment units in Rasuna Said, South Jakarta on January 8 and 9. From these forced attempts, the anti-corruption commission confiscated Rp300 million in foreign currency US dollars, Singapore dollars, pounds, won, and baht.

Not only that, investigators also confiscated a number of luxury bags, documents or letters related to ownership of assets and electronic evidence allegedly related to the case being investigated.

Then, investigators also confiscated six apartments in the South Tangerang area last week. Allegedly, the property belonged to Antonius N.S. Kosasih.