These Are The 3 Investment Managers Who Manage The Most Corruption Money In Jiwasraya

Illustration. (Didi Kurniawan / VOI)

JAKARTA - The Attorney General's Office (Kejagung) stated that there are three investment manager companies suspected of receiving the most money flows from corruption from the six defendants in the PT Asuransi Jiwasraya (Persero) case.

The first company to receive the most cash flows from the Jiwasraya burglary was PT Pool Advista Aset Management (PAAM), which reached a value of Rp. 2.142 trillion. The funds were placed through the mutual fund product Pool Advista Kapital Optimal IDR 1.403 trillion and Pool Advista Kapital Syariah IDR 749 billion.

Then the second company, is PT Dhanawibawa Manajemen Investasi or PT Pan Arcadia Capital with a total value of IDR2.027 trillion. The funds were placed through the Mutual Fund Products for Growth Funds of IDR 1.555 trillion and IDR472 billion of Sharia Equity Fund products.

The third investment manager is PT Pinnacle Persada Investama with a total value of up to Rp1, 815 trillion. The funds are displayed in the Pinnacle Dana Prima mutual fund product.

The three investment manager companies manage the Jiwasraya Insurance fund amounting to Rp5,984 trillion. That figure is almost 50 percent of the total funds flowing to the 13 corporate suspects in this case, amounting to IDR 12.157 trillion.

Based on data from the Financial Services Authority Mutual Fund Information Center, PAAM is fully owned by PT Pool Advista Indonesia Tbk. PAAM has an authorized capital of Rp. 260 billion and paid up capital of Rp. 78 billion.

PAAM has 18 mutual fund products ranging from money market funds, equity funds, to protected mutual funds.

Meanwhile, Pan Arcadia Capital is owned by an investment manager company owned by Tommy Iskandar Widjaja with 75 percent share ownership, while the rest is owned by Anne Patricia Susanto. The company has a license as an investment manager since 2013 with an authorized capital of IDR 100 billion and a paid-up capital of IDR 25 billion.

Then, Pinnacle Persada Investama is owned by PT Ares Global Persada with 80 percent share ownership and the rest is owned by PT Batara Mitra Wahana with a business license as an investment manager since 2015. The company has an authorized capital of IDR 50 billion with paid up capital of IDR 25 billion. Pinnacle is noted to have 24 mutual fund products.

13 Investment Manager

Head of the Attorney General's Office of Legal Information, Hari Setiyono, said the value of the flow of funds resulting from the Jiwasraya corruption has a different value to each investment manager company. So that if the total reaches IDR 12.157 trillion from 13 investment manager companies.

The following is a breakdown of the flow of funds from PT Asuransi Jiwasraya to 13 investment manager companies:

1. PT Pool Advista Asset Management with a total value of IDR 2.142 trillion, through Pool Advista Kapital Optimal products IDR 1.403 trillion and Pool Advista Kapital Syariah IDR 749 billion.

2. PT Dhanawibawa Manajemen Investasi or PT Pan Arcadia Capital with a total value of IDR2.027 trillion, through mutual fund products with Growth Funds of IDR 1.555 trillion and IDR472 billion of Sharia Equity Funds products.

3. PT Pinnacle Persada Investama with a total value of up to IDR 1,815 trillion through the Pinnacle Dana Prima mutual fund product of IDR 1,815 trillion.

4. PT Prospera Asset Management with a total value of IDR 1.297 trillion, through the Prospera Dana Berkembang mutual fund product IDR 405 billion and Syariah Prospera Syariah Equity IDR 892 billion.

5. PT Treasure Fund Investama Indonesia has a total value of IDR 1,216 trillion, through mutual fund products, Treasure Super Maxxi IDR 481.5 billion, Sharia Shares IDR 239.9 billion and Treasure Saham Mantap IDR 495 billion.

6. PT Corfina Capital with a total value of Rp. 706 billion, through the Corfina G2PRS mutual fund product of Rp. 446 billion and Corfina Equity Syariah of Rp. 260 billion.

7. PT Millenium Danatama Indonesia or PT Millenium Capital Management has a total value of Rp. 676 billion, through the mutual fund product Millenium Equity Prima Plus of Rp. 493 billion and MCM Equity Sectoral of Rp. 183 billion.

8. PT OSO Manajemen Investasi, with a total value of IDR 521.1 billion, through the OSO Flores Equity Fund IDR 451 billion of mutual funds and IDR 70 billion of OSO Moluccas Equity Fund.

9. PT Maybank Asset Management with a total value of Rp. 515 billion, through the Maybank Sharia Equity Fund of Rp. 515 billion.

10. PT MNC Asset Management with a total value of IDR 480 billion, through mutual fund products, MNC Syariah Equity II funds, IDR 480 billion.

11. PT GAP Capital has a total value of Rp.448 billion, through the mutual fund product GAP Equity Focus Fund of Rp.448 billion.

12. PT Jasa Capital Asset Management with a total value of Rp226 billion, through the mutual fund product Jasa Capital Progressive Equity of Rp226 billion.

13. PT Sinarmas Asset Management with a total value of Rp. 77 billion, through the Simas Saham Ultima mutual fund product of Rp. 77 billion.