Indonesia issues record fines to companies over stock market violations

Indonesia's financial regulator has ​handed over sanction letters to parties found to have ​violated trading rules in three listed companies, ‌with fines ​totalling 2.1 trillion rupiah ($116.67 million), it said late on Wednesday.

The fines, linked to trading in PT Dian Swastatika Sentosa Tbk, PT Barito Renewables Energy Tbk and PT Petrindo Jaya Kreasi ‌Tbk, were the biggest the regulator, known by its Indonesian abbreviation OJK,has ever imposed, its chair Friderica Widyasari Dewi told reporters. ($1 = 18,000.0000 rupiah)