Indonesian Political, Business & Finance News

Bank Mantap Dismisses Employee Suspected of Stealing Pensioners' Funds

| Source: CNBC Translated from Indonesian | Banking
Bank Mantap Dismisses Employee Suspected of Stealing Pensioners' Funds
Image: CNBC

PT Bank Mandiri Taspen, known as Bank Mantap, has addressed the case of alleged investment fraud occurring at its Purwokerto branch in Central Java. The Corporate Secretary of Bank Mantap, Tulus Parulчно, stated that the company is committed to respecting the ongoing legal process while actively handling complaints from several customers in the Purwokerto region.

“Bank Mandiri Taspen does not tolerate any actions that contravene our integrity and corporate values. This is part of our commitment to Good Corporate Governance (GCG),” he asserted in an official statement. Tulus revealed that Bank Mandiri Taspen has taken decisive action by imposing dishonourable dismissal sanctions on a former employee involved in the fraudulent investment scheme, which did not involve any official bank products.

The subsidiary of PT Bank Mandiri (Persero) Tbk. (BMRI) has handed the prosecution of the perpetrator over to the relevant law enforcement authorities. Internal investigations by the bank found that the former employee’s actions were a personal initiative, using prepared documents to deceive retired customers with illegal investment offers.

“The bank advises customers to ensure that every transaction and fund placement is conducted through official bank products, services, and mechanisms. Bank Mandiri Taspen does not offer investment products such as those mentioned in the news,” Tulus added.

As a party that has also been victimised and harmed by this case, Bank Mandiri Taspen ensures that the matter will be handled thoroughly, transparently, and in full compliance with the law. The bank will continue to assist affected customers, who can seek assistance at a dedicated post at the Purwokerto Branch or via Mantap Call 14024.

Previously, the Financial Services Authority (OJK) summoned the Board of Directors of Bank Mantap last Thursday to request an explanation regarding the case, noting that many victims reportedly used loans or credit from Bank Mantap to fund the fraudulent investments. The OJK has also instructed the bank’s management to conduct further investigations into the number of victims and the total value of losses, while requesting that Bank Mantap assist the victims. The OJK is also verifying reports that the victims of this investment fraud in Purwokerto include customers from other banks in the area.

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