Finance Ministry Budget Chief Isa Rachmatarwata Named Suspect in $1 Billion Jiwasraya Case

Jakarta. The Attorney General’s Office (AGO) has named Isa Rachmatarwata, the Director General of Budget at the Finance Ministry, a suspect in the corruption case involving the financial management and investment funds of state insurer Asuransi Jiwasraya.

Director of Investigations at the AGO’s Special Crimes Unit, Abdul Qohar, announced the development during a press conference on Friday. Isa is accused of causing state financial losses during his tenure as Head of Insurance at the Capital Market and Financial Institution Supervisory Agency (Bapepam-LK) from 2006 to 2012.

“Investigators have found sufficient evidence of criminal acts committed by…

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