The South Jakarta Prosecutors’ Office has named three new suspects in the alleged corruption and money laundering (TPPU) case involving investment funds from MDI Ventures to TaniHub Group and its affiliates between 2019 and 2023.

The three newly named suspects are NW, CEO of BRI Ventures; WG, former Vice President of Investment at BRI Ventures; and AAH, Vice President of Investment at MDI Ventures in 2021. They have been detained since September 3, 2025.

Head of South Jakarta Prosecutors’ Office Special Crimes Unit, Suyanto Reksa Sumarta, said NW, WG and AAH are being held at the Cipinang Prison, East Jakarta.

MDI Ventures (a subsidiary of Telkom Indonesia) and BRI Ventures are state-backed venture capital firms that invest in startups, while TaniHub Group is an agriculture-focused startup with services including TaniHub (e-commerce), TaniSupply (distribution), and TaniFund (fintech lending).

Prosecutors said the three suspects played key roles in approving and analyzing unlawful investments worth a total of US$25 million (Rp409 billion):

NW: made the unlawful investment decision from BRI Ventures to TaniHub worth US$5 million;

WG: conducted investment analysis for BRI Ventures’ funding proposal;

AAH: conducted investment analysis for MDI Ventures’ planned investment in TaniHub Group.

This case is an expansion of an earlier probe. On July 28, 2025, prosecutors had already named three other suspects: DSW, Director of MDI Ventures, who unlawfully approved the investment; former TaniHub CEO IAS; and former TaniHub Director ETPLT, both accused of manipulating company data to secure investments from MDI Ventures and BRI Ventures, and later diverting the funds for personal use.

Allegations of money laundering and fictitious projects involving Telkom subsidiaries and TaniHub first surfaced in May 2025. Student groups have also urged authorities to investigate the case further.

Prosecutors are now probing deeper into TaniHub’s financial dealings, tracing possible illicit fund flows and additional suspects. The South Jakarta Prosecutors’ Office said the investigation will continue to determine the extent of corruption and money laundering connected to the failed agritech startup.