Not A Graceful Exit
An audit has uncovered alleged violations by Tito Sulistio as head of the Indonesian Stock Exchange. The Financial Services Authority must exercise stricter supervision.
THE Indonesian Stock Exchange (BEI) appeared to have two faces under Tito Sulistios leadership, which ended last month. The stock trading management company should have practiced good management. Under Tito, however, based on an audit by the Financial Services Authority (OJK), BEI performed numerous dubious business practices.
Tito actually had a fairly good track record since he began leading the stock exchange in June 2015. At the close of sto...