Proceedings of the International Conference On Law, Economic & Good Governance (IC-LAW 2023)

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Corruption and it’s Prevention in State-Owned Enterprises (BUMN) Jiwasraya Insurance

Authors
Daniel Kristanto Sitorus1, *, Pujiyono Suwadi2, Adi Sulistiyono3
1Faculty of Law, Universitas Sebelas Maret, Surakarta, Indonesia Kentingan, Jl. Ir. Sutami No. 36, Kec. Jebres, Kota Surakarta, Central Java, Indonesia, 57126
2Faculty of Law, Universitas Sebelas Maret, Surakarta, Indonesia Kentingan, Jl. Ir. Sutami No. 36, Kec. Jebres, Kota Surakarta, Central Java, Indonesia, 57126
3Faculty of Law, Universitas Sebelas Maret, Surakarta, Indonesia Kentingan, Jl. Ir. Sutami No. 36, Kec. Jebres, Kota Surakarta, Central Java, Indonesia, 57126
*Corresponding author. Email: danielkristantositorus@student.uns.ac.id
Corresponding Author
Daniel Kristanto Sitorus
Available Online 22 February 2024.
DOI
10.2991/978-2-38476-218-7_72How to use a DOI?
Keywords
— Corruption in BUMN Insurance; Jiwasraya Insurance; Supervision
Abstract

BUMN Insurance (State-Owned Enterprises) is a company owned and managed by the government. PT Asuransi Jiwasraya, with allegations of corruption in financial management and investment funds using stock manipulation, made misfortunes the state adding up to IDR 16.81 trillion, and experienced inability to pay strategy installments that were expected. The exploration technique utilized is the humanistic legitimate examination strategy (non-doctrinal) puts the aftereffects of perceptions on friendly reality not to be set as broad recommendations or significant premises. BUMN corruption cases in the insurance sector cannot be separated from their connection to moral standards in the public service bureaucracy. Weaknesses in OJK supervision of BUMN insurance businesses in preventing criminal acts of corruption and the urgency for the Attorney General Office to be actively involved in supervision.

Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the International Conference On Law, Economic & Good Governance (IC-LAW 2023)
Series
Advances in Social Science, Education and Humanities Research
Publication Date
22 February 2024
ISBN
10.2991/978-2-38476-218-7_72
ISSN
2352-5398
DOI
10.2991/978-2-38476-218-7_72How to use a DOI?
Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Daniel Kristanto Sitorus
AU  - Pujiyono Suwadi
AU  - Adi Sulistiyono
PY  - 2024
DA  - 2024/02/22
TI  - Corruption and it’s Prevention in State-Owned Enterprises (BUMN) Jiwasraya Insurance
BT  - Proceedings of the International Conference On Law, Economic & Good Governance (IC-LAW 2023)
PB  - Atlantis Press
SP  - 431
EP  - 435
SN  - 2352-5398
UR  - https://doi.org/10.2991/978-2-38476-218-7_72
DO  - 10.2991/978-2-38476-218-7_72
ID  - Sitorus2024
ER  -