Behind the Delayed Inauguration of OJK Board of Commissioner

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Summary

The Supreme Court (MA) has postponed the inauguration of the Board of Commissioners of the Financial Services Authority for the 2022-2025 period. It should have been carried out on May 24, 2022. However, Supreme Court's spokesperson Sobandi revealed the inauguration would be postponed indefinitely. The Chief Justice of the Supreme Court, Muhammad Syarifuddin, was also not present. "If the schedule is set, we will inform you," he said.

Member of the Finance Commission of the House of Representatives (DPR) Hendrawan Supratikno said the inauguration should have been carried out within 30 days after the plenary session on April 12. However, another member of the commission Masinton Pasaribu argued that it should wait until the current members of the Board of Commissioners end their term in July 2022. "If forced, it will be against the law and invalidate all rules and policies issued by the 2022-2027 OJK Board of Commissioners," he said.

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