The Rush to Rescue Bumiputera

JAKA Irwanto and Boyamin Saiman raced to the Integrated Police Service Center of the Jakarta Police Department. On Thursday morning last week, the two men, who own Bumiputera 1912 Insurance policies, wanted to file a police report with the Crime Investigation Directorate. "We came early in the morning so that it could be processed quickly," Jaka told Tempo.

They had gone to the police to file a complaint against Firdaus Djaelani. The two policy holders charged that this commissioner at the Financial Services Authority (OJK) committed a crime by abusing his authority over Bumiputera Mutual Life Insurance (AJB). In the report, a copy of which was obtained by Tempo, Boyamin and Jaka questioned the decision made by Firdaus to appoint and establish Statutory Managers at AJB Bumiputera 1912.

December 27, 2016