Mirae Asset Speaks Out After OJK and Bareskrim Raid
PT Mirae Asset Sekuritas Indonesia (MASI) has spoken out regarding the search conducted by the Financial Services Authority (OJK) together with the Korwas PPNS of the Police’s Criminal Investigation Department (Bareskrim). Mirae Asset Sekuritas Indonesia said it respects the legal process.
“As part of the legal process that has been ongoing, PT Mirae Asset Sekuritas Indonesia received a visit from Bareskrim and OJK regarding clarifications and data gathering,” read the company’s official statement on Wednesday (4 March 2026).
The company said the search was a continuation of an investigation into a case that has been running for some time. It pledged to cooperate.
“The company respects and cooperates with the ongoing examination and fully supports the requests for data and information required. We ensure that the company’s operations continue to run normally and services are not affected,” the statement read.
OJK-Bareskrim Raid Mirae Asset
OJK together with Korwas PPNS Bareskrim Polri raided the MASI office in the Senayan area of Jakarta. The raid relates to alleged offences in the securities market.
The search took place on Wednesday (4/3) in the afternoon. Around 3:00 p.m. WIB, dozens of OJK investigators were seen carrying boxes containing evidence from the raid.
“This afternoon, we from OJK and Bareskrim Polri are conducting investigative activities, namely a raid at PT MA. We are accompanied by Bareskrim, so Bareskrim is accompanying us in conducting the raid,” said Executive Director for Investigations in the Financial Services Sector OJK Irjen Daniel Bolly Hyronimus to reporters at the scene.
Irjen Daniel said the raid is linked to a case of suspected dummy stock transactions carried out by Mirae Asset’s securities house. The case involves ASS as the beneficial owner of PT BEBS and MWK as a former Director of Investment Banking at Mirae Asset.
“The suspects we have questioned and their status has been elevated to two, namely Mr. A.S. and Mr. M. The corporate case is still being processed,” Daniel said after the raid.
Daniel noted the illegal gains from insider trading practices amount to Rp 14.5 trillion. He said 2 billion shares were frozen.
“The total value of all of that is Rp 14.5 trillion. Rp 14.5 trillion comes from the shares we froze; there are about 2 billion shares with a share price of around Rp 7,000. The total of Rp 14.5 trillion we froze. In the meantime, trading is not allowed,” he added.