#Money Laundering
Prosecutors name three new suspects in TaniHub graft, money laundering case
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.
Legal experts: Banks obliged to disclose client data in money laundering cases
The ongoing trial of celebrity Nikita Mirzani, charged with extortion and money laundering, has sparked public debate after her bank records were disclosed in court for the sake of clarity and law enforcement.
OJK cracks down on rising fraud cases in fintech lending sector
The Financial Services Authority (OJK) has acknowledged a growing trend of deliberate loan defaults and fraud in the country’s peer-to-peer (P2P) lending sector -- known as digital lending -- with a number of fintech startups under scrutiny for alleged financial misconduct.
OJK criticizes appointment of fugitive Adrian Gunadi as CEO of Investree Doha
The Financial Services Authority (OJK) has strongly criticized the appointment of Adrian Gunadi, former CEO of Investree Indonesia, as the new CEO of JTA Investree Doha Consultancy, citing his status as a criminal suspect and a fugitive.
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.