The Cheap Sale of Jiwasraya’s Confiscated Assets

The auction value of the seized assets from the corruption case of Asuransi Jiwasraya is allegedly below the market price. It is linked to an ex-convict in a bribery case.

Riky Ferdianto

May 27, 2024

THE explanation session or aanwijzing for the auction of coal mining company Gunung Bara Utama (GBU) proceeded smoothly at the Central Jakarta District Attorney’s Office on June 6, 2023. Officials from the Asset Recovery Center of the Attorney General’s Office (AGO), representatives from the Finance Ministry’s State Asset and Auction Service Office (KPKNL), as well as senior officials from the Directorate-General of Mineral

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