:strip_icc():format(jpeg)/kly-media-production/medias/3627820/original/001709200_1636477291-OJK_OVO.jpg "OJK Revokes OVO Finance Indonesia’s Business License")
With the revocation of the said business license, the company is prohibited from conducting business activities in the field of finance companies and is required to settle its rights and obligations in accordance with the applicable laws and regulations, including:
1. Settlement of the rights and obligations of interested Debtors, Creditors and/or funders
2. Provide clear information to interested debtors, creditors and/or funders regarding the mechanism for the settlement of rights and obligations
3. Provide an Information Center and Customer Complaints in the Company’s Internal
In addition, in accordance with the provisions of Article 112 of POJK Number 47/POJK.05/2020 concerning Business Licensing and Institutional Financing Companies and Sharia Financing Companies, companies whose business licenses have been revoked are prohibited from using the words finance, financing, and/or words that characterize financing activities. or sharia institutions, in the name of the Company.
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video-gallery--item__video-caption_read-video-article">Fake investments that are rampant even in the midst of the Corona pandemic must still be watched out for. The head of the OJK Investment Alert Task Force, Tongam L Tobing, explained that the public can apply the 2L principle before starting to invest.
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