Indonesian Political, Business & Finance News

Video: Mirae Sekuritas Allegedly Netted Rp 14.5 Trillion From IPO Manipulation

| Source: CNBC Translated from Indonesian | Regulation

Jakarta, CNBC Indonesia – The Financial Services Authority (OJK) suspects PT Mirae Asset Sekuritas Indonesia earned as much as Rp 14.5 trillion from practices of manipulating initial public offerings or IPOs and from fictitious transactions in the capital market. The allegations surfaced after OJK investigators together with the Indonesian Police’s Criminal Investigation Department (Bareskrim Polri) conducted a raid at the securities firm’s offices. More in the Power Lunch CNBC Indonesia programme (Thursday, 5 March 2026) below.

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