Pandu Sjahrir reportedly owns stake in brokerage linked to Indonesian sanctions over suspected coordinated trading

Pandu Sjahrir, Danantara’s chief investment officer, indirectly owns 27.5% of PT Supra Sekuritas Indonesia, Bloomberg reports, citing company records. The Jakarta Post says Bloomberg’s anonymous sources identified the firm as one of nine brokerages sanctioned over suspected coordinated trading. The regulator named only firms’ initials, including PT SS, according to the Post. The Post says OJK attributed the suspected market manipulation to unspecified clients and did not accuse Sjahrir.