BPK Reluctant To Recommend Closing Jiwasraya

Chairman of BPK Agung Firman Sampurna. (Photo: BPK)

JAKARTA - The Supreme Audit Agency (BPK) is reluctant to issue a recommendation for the closure of PT Asuransi Jiwasraya (Persero). Even though the insurance company has caused state losses reaching a total of Rp. 16.81 trillion.

Chairman of BPK Agung Firman Sampurna said that the reason his party did not recommend the closure of PT Asuransi Jiwasraya was because he considered the state losses that would be much greater.

"We are unlikely to recommend closing Jiwasraya. That is a huge risk for the state finances," he said, in a virtual press conference, Monday, June 29.

Agung believes, if managed properly, Jiwasraya can be a proud insurance company. According to him, the Jiwasraya case could be used as part of the country's history.

As is known, two years ago an audit of corporate losses was conducted for the 2008-2018 accounting range. As a result, the BPK found a calculation of state losses (PKN) due to the Jiwasraya corruption case reaching Rp. 16.81 trillion. However, the results of the calculation are still provisional and can develop according to the evidence found by the Attorney General's Office.

"The audit process carried out by BPK is still at the level of governance. So that if there is a problem, the recommendation is to improve governance," he said.

Agung said, the objective of the BPK in conducting this investment audit is to make recommendations or conclusions regarding improvements to the capital market system by the Indonesian government. By improving public trust, both market players and clients.

"The expected impact of this audit is a systemic improvement that further protects customers from the risk of fraud and increases investor confidence in investing in Indonesia, particularly investment in financial service instruments and the capital market," he said.

In addition, Agung said, this audit could improve the insurance guarantee system in the future in order to protect customers from the risk of fraud. In addition, the results of the audit have increased investor confidence in investing in Indonesia, particularly investing in financial service instruments and the capital market.

"We have a vision for the future with the disclosure of this case, so whoever will invest, whoever will put their funds in financial service instruments such as insurance and the capital market, they will be legally protected. Protected from all risks committed by the actors. that's in it, "he explained.