TEMPO.CO, Jakarta - The Financial Services Authority (OJK) has raided the office of PT Mirae Asset Sekuritas Indonesia in the Sudirman Central Business District (SCBD). The raid was conducted in connection with an alleged case of insider trading involving the issuer PT Berkah Beton Sadaya Tbk (BEBS).
OJK investigator Inspector General Daniel Bolly Hyronimus Tifaona stated that the total value of the insider trading allegations reached Rp14.5 trillion. This amount is derived from the value of 2 billion shares. The alleged capital market crime reportedly took place between 2020 and 2022. "We have temporarily frozen trading activities," Daniel said in SCBD on Wednesday, March 4, 2026.
Previously, the OJK identified two suspects in the capital market crimes occurring between 2020 and 2022. The two suspects are ASS, the beneficial owner of PT BEBS, and MWK, the former Director of Investment Banking at PT Mirae Asset Sekuritas Indonesia. According to Daniel, the dossiers for both suspects have been handed over to the prosecutor's office and are awaiting a declaration of completeness, or P21.
Regarding the modus operandi of the insider trading, investigators have uncovered alleged sham transactions and violations of Article 104 and Article 91 of the Capital Market Law. These allegations involve seven corporate entities and 58 individual nominee entities, which were allegedly executed by six operators under the control of the suspects.
Investigators also found allegations of manipulating material information in violation of Article 104 and Article 90, subsidiary to Article 107 of Law Number 8 of 1995 concerning the Capital Market. The suspected manipulation of reports and information is believed to involve securities firms.
According to Daniel, the raid was conducted because investigators are still probing corporate involvement in these criminal activities within the capital market. "The corporate case is still ongoing; thus, we are seeking evidence," he said.
The management of Mirae Asset Sekuritas Indonesia emphasized that the raid is a standard part of the ongoing legal process. "PT Mirae Asset Sekuritas Indonesia received a visit from the Indonesian National Police Criminal Investigation Department (Bareskrim) and OJK for clarification and information gathering," the management wrote on Wednesday, March 4, 2026.
The company stated that it respects and remains cooperative with the ongoing investigation. Additionally, the management expressed its support and willingness to provide all required data and information.
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