Indonesian Political, Business & Finance News

Mirae Asset Clarifies Rp14.5 Trillion Funds Are Not Company Profits

| | Source: KABARBURSA.COM Translated from Indonesian | Regulation
Mirae Asset Clarifies Rp14.5 Trillion Funds Are Not Company Profits
Image: KABARBURSA.COM

KABARBURSA.COM – PT Mirae Asset Sekuritas Indonesia has given clarifications regarding the Rp14.5 trillion figure, stating that it is not profit for the company. The clarification came after a raid conducted by the Criminal Investigation Agency (Bareskrim) of the Indonesian Police and the Financial Services Authority (OJK) at Mirae Asset’s office on Wednesday, 4 March 2026. ‘First, regarding the figure of around Rp14.5 trillion mentioned in a number of reports, we emphasise that this value is not profit, assets, or revenue of Mirae Asset,’ said Tomi Taufan, Director of PT Mirae Asset Sekuritas Indonesia, in a statement quoted on Saturday, 7 March 2026. ‘Second, Mirae Asset’s customer assets remain safe. According to him, customer securities and funds are recorded and stored in the Indonesia Central Securities Depository (KSEI). ’In addition, customer funds and investment portfolios are stored separately in accordance with applicable regulations and are under the supervision of the relevant authorities,’ he added. ‘Third, Mirae Asset’s operations are continuing smoothly. He stated that Mirae Asset is committed to delivering the best investment experience by strengthening technology, system infrastructure, and security standards to ensure a safe and comfortable investment process for customers. Tomi added that Mirae Asset upholds transparency, good corporate governance, and compliance with all applicable rules in the Indonesian capital market. ’We also respect the ongoing processes by authorities and are committed to remaining cooperative in providing the information required,’ he concluded. Previously reported, the Indonesian Police’s Bareskrim and OJK raided Mirae Asset’s offices. The step relates to alleged capital market crimes involving a company with initials PT BEBS. This raid forms part of the ongoing investigation into alleged manipulation of material facts, manipulation of initial public offerings (IPO), insider trading, and dummy transactions occurring between 2020 and 2022. ‘This raid is part of the investigation into alleged capital market offences,’ wrote M. Ismail Riyadi, Head of the Department of Literacy, Financial Inclusion and Communications at OJK, in a official statement on Wednesday, 4 March 2026. OJK explained that the suspected violations include failing to report affiliate parties receiving fixed allotments in IPOs and submitting IPO fund usage reports that did not reflect actual conditions. The matter is alleged to violate Article 104 in conjunction with Article 90, subsidiary to Article 107 of Law Number 8 of 1995 concerning the Capital Market.

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