Jakarta, CNN Indonesia –
Ministry of BUMN said there was an opportunity for the government to close PT Asuransi Jiwasraya (Persero). This is a consequence of the formation of the company insurance new, namely PT Nusantara Life.
Deputy Minister of BUMN Kartika Wirjoatmodjo closes the oldest insurance company in Indonesia if all Jiwasraya customers have moved their policies to Nusantara Life.
“Yes (Jiwasraya) is finally closed, eventually it is closed. But indeed we expect all of the policyholders, we hope that they will move later. Because Jiwasraya does not have participants,” he said at the DPR’s Commission VI, Tuesday (7/7) ).
According to the plan, he said, the Ministry of BUMN will openly negotiate with Jiwasraya policy holders in August 2020. This appeal applies to both traditional and policy customers saving plan.
However, the transfer of the policy from Jiwasraya to Nusantara Life is awaiting an injection of the State Capital Participation (PMN) from the government. He said if policyholders want to transfer their ownership to Nusantara Life, then they must be willing to adjust the rate of return (yield).
Because the yields offered by Jiwasraya so far are very high compared to the interest rates on the market. “If the interest is now 12 percent -13 percent must go down to normal interest in the range of 6 percent-7 percent,” he explained.
Previously, he said the government had begun the formation of Nusantara Life. This company will be under the insurance holding, PT Bahana Pembinaan Usaha Indonesia (Persero).
As is known, the oldest insurance company in Indonesia is caught in a case of default. The failure to pay Jiwasraya began to be smelled by the public in October-November 2018. The Company announced that it could not pay the policy claim due to the saving plan customer of Rp802 billion.
In its development, the Jiwasraya case penetrated the realm of law because it was related to criminal acts of corruption. The Public Prosecutor’s Office (AG) charged six defendants in the alleged corruption of Jiwasraya’s financial management and investment funds with a total loss of Rp 16.8 trillion.
Most recently, the AGO has re-established a new suspect who is an active official in the Financial Services Authority (OJK). In addition, the AGO ensnared 13 investment managers who were allegedly involved in escaping customer money.
(wolf / eight)
–
