News Receive email alerts Reporters Without Borders (RSF) commends the awarding of Swedish PEN’s 2019 Tucholsky Prize to Swedish publisher Gui Minhai, arbitrarily detained in China since 2015 despite serious health concerns. Help by sharing this information to go further June 2, 2021 Find out more November 20, 2019 China: RSF welcomes the awarding of Swedish PEN Prize to detained publisher Gui Minhai RSF_en News Follow the news on Asia – Pacific Mongolia : RSF urges presidential candidates to voice support for press freedom Organisation Pakistani TV anchor censored after denouncing violence against journalists ChinaSwedenAsia – PacificEurope – Central Asia Condemning abusesInternational bodies DisappearancesImprisonedImpunityUnited Nations June 10, 2021 Find out more News ChinaSwedenAsia – PacificEurope – Central Asia Condemning abusesInternational bodies DisappearancesImprisonedImpunityUnited Nations In rural India, journalists face choice between covering pandemic and survival June 7, 2021 Find out more Swedish publisher Gui Minhai, 55, arbitrarily detained in China and still awaiting a trial date after having been kidnapped in Thailand in 2015, was awarded the 2019 Tucholsky Prize on Friday November 15th by the Swedish PEN, an association promoting freedom of speech. Sweden’s Culture and Democracy Minister Amanda Lind handed out the prize despite open threats from Chinese Ambassador in Sweden Gui Congyou.“The case of Gui Minhai reminds us that a citizen of the European Union can be kidnapped and detained for four years without any valid reason and in total impunity by Beijing,” denounces Erik Halkjaer, the president of Reporters Without Borders (RSF) Sweden. Cédric Alviani, head of Reporters Without Border (RSF) East Asia Bureau, urges the international community “to increase pressure on China to obtain the release of Gui Minhai and all other journalists and bloggers detained.”Gui Minhai is the last detained of the five “Causeway Bay booksellers” that were abducted by the Chinese regime in 2015. He is currently detained for alleged “illegal business operations,” “disclosure of state secrets ” and for “illegally spending time with foreign diplomats.” In 2017, the Chinese authorities prevented him from seeing a doctor proposed by his embassy despite symptoms corresponding to a serious neurological disease.RSF has called multiple times for Gui Minhai’s release, and has submitted his case to the United Nations Working Group on Arbitrary Detention (UNWGAD).China, with at least 120 journalists behind bars, ranks 177th out of 180 countries and territories in the RSF World Press Freedom Index 2019. In stark contrast, Sweden is ranked 3rd. News
The task force issued an instruction on July 24 that Jouska, which had gained popularity among young investors through social media, cease operations over allegations of illegal stock brokerage and investment mismanagement.Read also: OJK shuts down Jouska, two other investment firmsIt also shut down PT Mahesa Strategis Indonesia and PT Amarta Investa Indonesia, which are alleged to have provided investment management services and financial advice for Jouska’s clients without proper licenses.Jouska, Amarta Investa and Mahesa Strategis are not registered as investment-management companies or securities companies at the OJK. Topics : The task force also asked Jouska to settle the disputes with its clients transparently and invite the customers to settle their issues while processing its licenses in line with its business activity as soon as possible.The move came after former clients of Jouska, which claimed to be an independent financial advisor, took to Twitter, saying the company’s decision to invest their funds in low-quality stocks had resulted in a slump in their portfolio values by more than 70 percent.Jouska CEO Aakar Abyasa Fidzuno pledged on Monday to take responsibility and compensate its clients for their equity investment losses.Read also: Domestic investors dominate stock market amid pandemicThe commitment was conveyed by Aakar in an email statement to the clients as he asked them to give him and the firm some time to formulate a solution to the problem.“We ask the clients to give us time until at least Sept. 1 to formulate and convey our strategy to pay compensation for the losses,” Jouska said in the statement.Aakar also apologized to the clients for the losses they endured from the equity investment the firm had carried out using the clients’ money.“I would also like to apologize to the shareholders, management, board of commissioners and Jouska’s employees. I understand that this [problem] affects Jouska’s reputation,” he said in the statement.Jouska’s clients shared on social media their portfolio details revealing that the company invested the majority of their money in newly listed computer hardware-trading company, PT Sentral Mitra Informatika, trading on the Indonesia Stock Exchange (IDX) under the code LUCK.Advisors at Jouska are also reported to have prevented clients from selling the shares when the prices had dropped by more than 80 percent, an allegation that has neither been denied nor confirmed by the company. The Financial Transaction Reports and Analysis Centre (PPATK) is investigating financial advisory firm PT Jouska Financial Indonesia for alleged money laundering following suspected illegal investment and fund management carried out by the now-suspended company, an official has said.“Yes, the PPATK is investigating the Jouska case,” the agency chairman, Dian Ediana Rae, said on Tuesday, as reported by Tempo.co.Dian said the PPATK would actively investigate investment cases like that of Jouska, which are handled by the Financial Services Authority’s (OJK) Investment Alert Task Force.