TheJakartaPost
Please Update your browser
Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.
PDI-P denies involvement in Jiwasraya case, supports investigations
The PDI-P slammed an allegation that the Jiwasraya insolvency case was a way to get money to support Jokowi's campaign in the 2019 presidential election.
Change text size
Gift Premium Articles
to Anyone
Share the best of The Jakarta Post with friends, family, or colleagues. As a subscriber, you can gift 3 to 5 articles each month that anyone can read—no subscription needed!
The logo of the Indonesian Democratic Party of Struggle (PDI-P) is displayed during the opening ceremony of the fifth PDI-P congress in Sanur, Bali, in August 2019. (JP/Zul Trio Anggono )
R
uling party the Indonesian Democratic Party of Struggle (PDI-P) denies involvement in a financial fiasco faced by state-owned insurance company Asuransi Jiwasraya.
PDI-P secretary-general Hasto Kristiyanto slammed an allegation that the Jiwasraya insolvency case was a way to get money to support President Joko “Jokowi” Widodo's campaign in the 2019 presidential election.
“We are against any form of financial manipulation. So the law must be upheld and no one can hide behind power,” he said in Jakarta on Thursday.
He even said the party supported the formation of a special committee (Pansus) to investigate the Jiwasraya case at the House of Representatives.
“If we have to support [the Pansus formation] to make it happen, we’ll do it,” he stressed.
Read also: Jiwasraya could have knock-on effect on financial sector
Jiwasraya has been in the spotlight since it announced its failure to pay out on matured JS Saving Plan policies worth Rp 802 billion (US$57.6 million) in October 2018. It was also unable to pay out on policies, which integrated life insurance and investments, worth Rp 12.4 trillion when they fell due in December 2019.
