Financial Services Authority’s Right to Reply

WE are hereby exercising our right to respond to an opinion column in Tempo English’s June 19-25, 2023 edition, titled Lack of Oversight for Mayapada:

1. The Financial Services Authority (OJK) pays attention to the case of Bank Mayapada’s debtor Ted Sioeng Group. We have asked Mayapada several times to resolve the problem of compliance with the existing governance and rules, includi