Ada Pertanyaan? Hubungi Kami 
Ada Pertanyaan? Hubungi Kami Fathan Qorib, Andin Aditya Rahman
Hikmahanto Juwana, Professor of International Law at University of Indonesia, stated in a press release received by hukumonline, Wednesday (3/4), that foreign parties are secretly acquiring control of national banks by purchasing shares via the stock exchange beyond what is permitted by national regulations.
“As a result, these foreign parties have become the controlling shareholders, which is not necessarily in agreement with the shareholders of the national banks,” Hikmahanto explained.
In contrast, Harry Azhar Azis, Vice Chairman of Commission III at the House of Representatives, stated that there is no need for excessive concern on this matter because Bank Indonesia (BI) has issued a regulation to govern controlling shareholders.
“If (foreigners) take control and then cause the bank to be unhealthy, they will be liable. But if they become the controlling shareholder and the bank becomes healthier, it’s not a problem regulation-wise in my opinion,” Harry said, during an interview, Wednesday (3/4).
He stated that the purchase of shares by foreign parties via the stock exchange is in accordance with the prevailing regulations and therefore cannot be considered illegal.
However, Harry concluded that BI still needs to coordinate with OJK in order to find out the controlling shareholder of the banks in question in order to alleviate the concerns regarding foreign party ownership.
(jt)
Fathan Qorib, Andin Aditya Rahman
Hikmahanto Juwana, Professor of International Law at University of Indonesia, stated in a press release received by hukumonline, Wednesday (3/4), that foreign parties are secretly acquiring control of national banks by purchasing shares via the stock exchange beyond what is permitted by national regulations.
“As a result, these foreign parties have become the controlling shareholders, which is not necessarily in agreement with the shareholders of the national banks,” Hikmahanto explained.
In contrast, Harry Azhar Azis, Vice Chairman of Commission III at the House of Representatives, stated that there is no need for excessive concern on this matter because Bank Indonesia (BI) has issued a regulation to govern controlling shareholders.
“If (foreigners) take control and then cause the bank to be unhealthy, they will be liable. But if they become the controlling shareholder and the bank becomes healthier, it’s not a problem regulation-wise in my opinion,” Harry said, during an interview, Wednesday (3/4).
He stated that the purchase of shares by foreign parties via the stock exchange is in accordance with the prevailing regulations and therefore cannot be considered illegal.
However, Harry concluded that BI still needs to coordinate with OJK in order to find out the controlling shareholder of the banks in question in order to alleviate the concerns regarding foreign party ownership.
(jt)