Selasa, 22 November 2016

PEOPLE ADVISED NOT TO HEED RUMORS OF MONEY RUSH

by Andi Abdussalam
          Jakarta, Nov 22 (Antara) - The people are advised not to heed or be influenced by rumors about a money rush, being spread by instigators who want to destabilize the country's economy and create chaos.
         According to National Police Chief General Tito Karnavian, such rumors were being spread via the social media, and termed these as a hoax. Those spreading such rumors want to destabilize the country's economy to create chaos, he added.
         Now, the security situation in the country is stable and people should not react on the basis of rumors about any money rush.
         The Financial Service Authority (OJK) and the Indonesian central bank, Bank Indonesia (BI), also gave similar calls. The OJK advised the public not to be influenced by rumors about massive withdrawals of deposits from banks or money rush on November 25, 2016.
         The OJK assured that the financial condition of national banks will remain good and will be monitored continuously. "We always monitor the banking conditions from time to time," OJK Director for Banking Supervision, Jasmi, noted in Jambi on Monday.



         He underscored that the financial condition of banks even now is strong despite talk of money rush. Third party funds are actually on a rise, reaching about 6.6 percent year-on-year (yoy) as of October 2016. The capital adequacy ratio of banks (CAR) is also good, so their liquidity remains guaranteed.
         In general, the financial system of the country remains sound, which is why, according to Bank Indonesia Governor Agus Martowardojo, there is no reason for bank customers to withdraw their money.
         "We hope the mass media would not report something that can create unrest. We want to stress that we and other financial authorities confirm that the Indonesia's economic conditions are stable and the economy will be maintained," Agus Martowardojo assured.
         Indonesia's economic growth reached over five percent when other countries recorded a lesser figure. Inflation in the country is within a range of three percent while the current account and the balance of payment situation is also satisfactory.
         The Chief Economic Minister, Darmin Nasution, called on the people not to be influenced by the money rush issue. "There is no reason to rush for money.  The government and other authorities are guarding the economy against various factors. The people, however, should also take part in maintaining these good conditions so that the economy remains favorable," Darmin counseled.
         Over the past one week, many rumors have been circulating in the social media in the context of rallies by various societal organizations on November 25 and December 2, 2016 which will likely be followed by a money rush.
         The demonstrations are being planned on the heels of the November 4, 2016 rallies which were held against Jakarta Governor Basuki Tjahaja Purnama, or Ahok, for allegedly committing blasphemy.
         As regards, Finance Minister Sri Mulyani called on law enforcers to take action against instigators spreading rumors on money rush or massive withdrawal of deposits from banks.
         "I hope the instigators would face firm action, because they spread (rumors) that could threaten common public interest," the finance minister said here on Monday.
         She said that the public should not be worried as the government guarantees the security of money deposited in the banks.
         The minister also called on the people to avoid following the calls by the instigators to withdraw money or to join the money rush, which would only create disadvantages for them.
         "The government guarantees the security of the people's money in banks. We hope that the public would also help maintain it and provide guarantee for it," she said.
         National Police Chief General Tito Karnavians assured that the security situation in the country is fine and urged people not to react on the basis of rumors about the money rush.
         "The money rush is a hoax. Those spreading such rumors want to destabilize the country's economy to create chaos," he told reporters after the National Dialogue at the Office of the Provincial Legislative Assembly (DPRD) of Surabaya on Saturday (Nov 19).
         Asking people not to be influenced by the hoax, he disclosed that he had ordered the Cyber Crime Squad to track down and catch those who disseminated a rumor about a money rush.
         He assured that he can guarantee the security of the country in his capacity as the police chief. "I held a meeting with the Indonesian Defense Forces' (TNI's) commander on Friday to assure myself that the security situation in the country was quite good. Any demonstration is something normal," he noted. Most importantly, the police chief urged the people not to be affected, especially by the money rush hoax.
         "We are not disclosing the identity of the culprits as they can then run away. Once they are arrested, we will definitely reveal it," the police chief commented when reporters asked him who was behind the hoax.
         The Indonesian Police has traced 70 social media accounts spreading rumors that were instigating people to massively withdraw deposits from banks and of a money rush on November 25 and December 2."We want to determine their motives and whereabouts," the Indonesian Police' Director of Economic and Special Crimes, Brigadier General Agung Setya said Monday.
         The police would investigate the motives and the involvement of the account owners in spreading the money rush rumors.   Agung could not confirm whether the accounts were managed by individuals or groups.  "We will track the initiator of the move," he added.
         The police will also study the appropriate law to indict the perpetrators. They might use not only the Law on Information and Electronic Transaction, but also other legislation. ***2***(A014/INE/B003)EDITED BY INE(T.A014/A/BESSR/Bustanuddin) 

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