PRESS RELEASE

State Losses Rp22,78 trillion At The ASABRI

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JAKARTA, Monday (31 May 2021) – The Audit Board of the Republic of Indonesia (BPK) concluded that there were irregularities against laws and regulations carried out by related parties in the management of investment in shares and mutual funds at PT Social Insurance for Armed Forces of the Republic of Indonesia (ASABRI).

“The value of state losses arising as a result of irregularities or unlawful acts in the management of ASABRI’s finances and investment funds for the period of 2012 to 2019 is Rp22,78 trillion,” said BPK Chairman Agung Firman Sampurna in a joint press conference with Attorney General ST Burhanuddin at Attorney General’s Office Building, today (31/5).

The deviation resulted in state financial losses at the ASABRI which was the value of investment funds placed in shares and mutual funds that were not in accordance with the provisions, and had not been returned until 31 March 2021.

BPK had submitted an Investigative Audit Report on State Losses Calculation on Corruption Allegation in the Management of ASABRI’s finances and Investment Funds Period of 2012 to 2019 to the Attorney General on 27 May 2021 at 13.00 WIB.

The audit represents BPK’s support in eradicating corruption handled by Law Enforcement Agencies, in this case the Attorney General’s Office. The audit is carried out in order to follow-up on the request for calculating state losses submitted by the Attorney General’s Office to BPK on 15 January 2021.

“BPK would like to thank the Attorney General’s Office, Financial Service Authority (OJK), Indonesia Stock Exchange, and Financial Industry as well as other parties who had assisted BPK in carrying out the audit,” said BPK Chairman.

Public Relations and International Cooperation Bureau

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