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Jiwasraya Corruption Case Begins to Unravel

The Attorney General\'s Office has named five suspects in a corruption case at PT Asuransi Jiwasraya. The five people consist of former members of Jiwasraya’s board of directors and senior executives of private companies

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· 5 minutes read
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Kompas/Priyombodo

Two employees of PT Asuransi Jiwasraya walk in front of the state insurer’s logo at its Jakarta office on Thursday (9/1/2020). A 2018 investigation into Jiwasraya by the Supreme Audit Agency (BPK) uncovered corporate fraud that incurred losses for both the company and the state. The State-Owned Enterprises Ministry is backing the efforts of the BPK and the Attorney General\'s Office in resolving the case, with a focus on strengthening the company.

The Attorney General\'s Office has named five suspects in a corruption case at PT Asuransi Jiwasraya (Persero). The five people consist of former members of Jiwasraya’s board of directors and senior executives of private companies.

JAKARTA, KOMPAS—Alleged corruption at state insurance company PT Asuransi Jiwasraya, which is estimated to have caused financial losses of Rp 27 trillion (US$1.92 billion) to customers and the state, has begun to unravel.

Editor:
naranasrullah
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