Mirae Asset Denies Rp 14.5 Trillion as Assets after OJK Office Search

JAKARTA — The management of PT Mirae Asset Sekuritas Indonesia explained that reports concerning the figure of Rp 14.5 trillion are not assets, profits, or company revenue. The clarification came after the Financial Services Authority (OJK) and the Criminal Investigation Agency (Bareskrim) of the Indonesian Police searched the company’s offices on Wednesday 4 March 2026. Director of PT Mirae Asset Sekuritas Indonesia Tomi Taufan stressed that the Rp 14.5 trillion figure is not the company’s profit. He also affirmed that Mirae Asset’s customer assets remain safe. ‘The securities and funds belonging to customers are recorded and stored in the Indonesia Central Securities Depository (KSEI) system,’ he added. He explained that the funds and customers’ investment portfolios are also kept separately in accordance with applicable rules and are under the supervision of the relevant authorities. Mirae Asset is committed to continuing to provide the best investment experience by strengthening technology, system infrastructure, and security standards. This is to ensure a safe and comfortable investment process for customers. Tomi disclosed that Mirae Asset upholds the principles of transparency, good corporate governance, and compliance with all regulations in Indonesia’s capital markets. Earlier, M. Ismail Riyadi, Head of the OJK Department of Literacy, Financial Inclusion and Communications, stated that the office search of Mirae Asset Sekuritas was conducted as part of the investigation into alleged manipulation of material information involving a securities company. ‘The search of PT MASI’s offices is part of the law enforcement process over alleged criminal acts in the capital market,’ he said in a press release. Ismail explained that before the search, the OJK Investigation Team suspected Mirae Asset Sekuritas did not report an affiliated party receiving fixed allotment in the initial public offering (IPO). Moreover, investigators found suspected dummy transactions, or in this case ‘cooking’ BEBS shares for the benefit of certain groups. Regarding the price manipulation practices, OJK estimated that the losses caused could reach Rp 14.5 trillion.