Financial Crimes
A chilling look into the underworld of corruption, illicit wealth, and shadow economies.
AGO proceeds into uncovering Riza Chalid's role in Pertamina scandal
The Attorney General’s Office (AGO) has named businessman Muhammad Riza Chalid (MRC), the beneficial owner of PT Orbit Terminal Merak (OTM), as a suspect in the ongoing investigation into a major corruption scandal involving the mismanagement of crude oil and refinery products at state-owned energy PT Pertamina from 2018 to 2023.
“Gasoline Godfather” among nine new suspects in Pertamina oil trading graft
The Attorney General’s Office (AGO) has named nine individuals as new suspects in a sweeping corruption investigation into the mismanagement of crude oil and refined fuel trading at State energy company PT Pertamina, its subsidiaries, and several oil contractors between 2018 and 2023.
Nine more suspects named in Pertamina oil trade scandal, including Riza Chalid
The Attorney General’s Office (AGO) has named nine new suspects in the widening corruption investigation into the mismanagement of crude oil and refined product trading at State energy giant PT Pertamina and affiliated contractors between 2018 and 2023.
Former prosecutor jailed for embezzling Rp11.7 B in robot trading fraud case
Former prosecutor at the West Jakarta District Attorney Office, Azam Akhmad Akhsya, has been sentenced to seven years in prison after being found guilty of embezzling Rp11.7 billion (US$700,000) in evidence money from a fraudulent investment case involving the Fahrenheit trading robot platform. He was also fined Rp250 million, with a subsidiary sentence of three months in jail if the fine is not paid.
Former SOEs Minister Dahlan Iskan named suspect in fraud, forgery case
Former Minister of State-Owned Enterprises (SOEs), Dahlan Iskan, has been named a suspect, along with Nany Widjaja, a former director at Jawa Pos, by the East Java Police’s General Criminal Investigation Directorate in a case involving alleged document forgery and embezzlement.
OJK orders blocking of over 17,000 bank accounts linked to online gambling
The Financial Services Authority (OJK) has instructed banks to block 17,026 accounts suspected of being involved in online gambling (judol) activities, a move part of a joint effort between OJK, financial institutions, and government agencies to curb illegal online gambling in the country.
BEI seeks clarification from BRI after KPK raid over Rp2.1 T EDC procurement scandal
The Indonesia Stock Exchange (IDX) has requested explanation from PT Bank Rakyat Indonesia (BBRI) following a raid by the Corruption Eradication Commission (KPK) on two of its offices.
KPK probes alleged Rp700 B loss in State bank’s EDC procurement project
The Corruption Eradication Commission (KPK) has revealed that the state may have suffered losses amounting to Rp700 billion (US$43 million) in a suspected corruption case involving the procurement of electronic data capture (EDC) machines by State Bank BRI between 2020 and 2024.
KPK names five suspects in Rp231.8 B road construction graft case in N. Sumatra
The Corruption Eradication Commission (KPK) has uncovered a major corruption case involving road construction projects in North Sumatra following a sting operation (OTT) in Mandailing Natal regency on Friday, June 27, 2025.
Ex-Education Minister Nadiem breaks silence after 12-hour AGO grilling
Former Education Minister Nadiem Anwar Makarim gave a brief statement to the press late Monday evening, June 23, 2025 after undergoing a 12-hour examination at the Attorney General’s Office (AGO) as a witness in the ongoing investigation into alleged corruption in the Rp9.9 trillion (US$618 million) Chromebook procurement project.
KPK distances itself from individual named in online gambling trial
The Corruption Eradication Commission (KPK) has distanced itself from Raihan, a man who testified in a high-profile trial on the alleged protection of illegal online gambling sites by the then Ministry of Communication and Informatics (Kominfo, now Komdigi) in 2023.
Wilmar Group clarifies Rp11.8 T payment amid CPO Export graft case appeal
Agribusiness giant Wilmar Group clarifies that the fund transfer following the seizure of Rp11.8 trillion (US$720 million) by the Attorney General’s Office (AGO) in connection with the CPO export corruption case was not an admission of guilt, but a guarantee deposit requested by prosecutors as the appeal process is underway.