Bank Mandiri Shares Fall as Parliament Questions Blocked Activist Account
Bank Mandiri shares declined following parliamentary scrutiny over the freezing of an activist's bank account. Lawmakers are demanding an explanation regarding the legal basis for the action, which occurred ahead of a planned anti-corruption rally.
Why it matters
The incident highlights tensions between state-owned financial institutions and political activism, raising concerns about the potential for government-directed financial censorship.
August 24, 2026 | 12:38 pm SHARE URL berhasil di salin. Customers conduct transactions at Bank Mandiri Remittance Office in Hong Kong. (Handout) Jakarta. Shares of Bank Mandiri (IDX: BMRI), Indonesia's largest lender by assets, fell sharply as the House of Representatives said it would seek an explanation from the bank over the blocking of an activist's account.
BMRI's shares dropped 0.71% to Rp4,190 at midday trading on Monday, while the benchmark Jakarta Composite Index (JCI) declined 0.65% to 6,483,
The account belongs to Supriyono, also known as Botok, an activist with the Pati United Community Alliance (AMPB) in Central Java. He said the account was used to hold personal funds and collect donations for a planned rally in Jakarta.
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