Pandu Sjahrir, Danantara’s chief investment officer and a key liaison with global fund managers, indirectly holds a 27.5% stake in PT Supra Sekuritas Indonesia, according to company records. (AFP pic)JAKARTA: Pandu Sjahrir, the prominent Indonesian wealth fund executive who has publicly supported MSCI Inc.’s scrutiny of the nation’s stock market, is the co-owner of a brokerage sanctioned in connection with a stock-market manipulation probe.
Pandu, who as chief investment officer of Danantara has become a key liaison with global money managers, indirectly owns a 27.5% stake in PT Supra Sekuritas Indonesia, according to company records.
People with knowledge of the matter, who asked not to be identified discussing sensitive information, said Supra Sekuritas was the company referred to as “SS” by Indonesia’s Financial Services Authority this month when it announced sanctions against more than a dozen entities for violating regulations in cases related to market manipulation.
