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Search result with “Financial Fraud In Indonesia” as a keyword founded 77 news.
Executives Provide New Insights into Danantara
... Ritz Carlton Hotel in Jakarta. Danantara represents a bold shift in Indonesia’s economic strategy ... have engaged in non-profitable infrastructure projects, leading to financial strain. ... prosecuted for financial losses, this exemption does not apply to fraud or ...Business Feb 28, 2025 | 11:10 am
Danantara Executive Denies Reports of the Fund’s Complete Legal Immunity
... BNI Investor Daily Roundtable in Jakarta. Dony acknowledged that ... apply to cases of fraud or corruption involving its ... of conflicts of interest in their decision-making process,” ... the Financial Transaction Reports and Analysis Center (PPATK), Indonesia’s anti ...Business Feb 27, 2025 | 8:25 pm
Danantara to Take Over All SOEs by March, Forming $900 Billion Wealth Fund
... overhaul to improve efficiency and financial sustainability across SOEs, Dony said ... at eliminating inefficiencies and reducing fraud risks. The restructuring will group ... challenges and play a stronger role in Indonesia’s economic development,” Dony said.Business Feb 27, 2025 | 1:58 pm
AGO Investigates Oil Tycoon Riza Chalid in $11.9 Billion Pertamina Corruption Scandal
... Tuesday. Riza Chalid, a longtime player in Indonesia’s oil trade, previously controlled Pertamina ... executives of Pertamina subsidiaries engaged in fraud by selling subsidized Pertalite fuel ... market rates, leading to massive financial losses for the state. The ...News Feb 26, 2025 | 10:14 am
Sam Altman’s Tools for Humanity Rolls Out World ID in Indonesia
... its digital identity verification system in Indonesia, aiming to provide a secure and ... a solution to online trust issues, financial inclusion, and identity verification challenges ... could also be used for fraud prevention in banking and secure voter ...Tech Feb 13, 2025 | 1:44 pm
OJK Seeks to Regulate Crypto Holders with ID System
... by helping to prevent fraud or money laundering through ... Fawzi, Head of OJK's Financial Technology, Digital Assets, and Crypto ... Currently, the OJK and Bank Indonesia (BI) oversee crypto trading, a ... SID, which is already in use in the capital markets, is a ...Business Jan 14, 2025 | 4:13 pm
Controversial Lawyer Alvin Lim Dies at 47
... in prison for document forgery and fraud following a case filed by Allianz Indonesia ... Salim in a contentious legal dispute against donors who retracted financial assistance ... for Agus’s medical treatment amid allegations of fraud. ...News Jan 5, 2025 | 8:15 pm
Foreign Affairs Ministry: Thousands of Indonesians Moving to Cambodia for Gambling Jobs
... the cases linked to online fraud and gambling. "Based on self ... , related to online fraud, according to Judha. Indonesia is grappling with a ... staggering, with Indonesia's financial transaction watchdog PPATK reporting a surge in gambling-related transactions ...News Dec 16, 2024 | 10:41 pm
Indonesia's Carbon Trading Market Shows Potential but Falls Short of Full Value
... data from the Financial Services Authority (OJK), carbon trading in the country ... Fund Distribution in Indonesia East Kalimantan is the first province in Indonesia to implement ... using a digital application, and any fraud can be reported immediately," he ...News Dec 13, 2024 | 3:01 pm
Police, OJK Investigate $23 Million Fraud Allegations at KoinWorks Subsidiary
... KoinP2P, has fallen victim to a fraud case involving Rp 365 billion ... . OJK Steps In to Investigate In response to the fraud, the Financial Services Authority ... ensure a healthy and ethical financial services sector in Indonesia,” Ismail added. OJK will ...News Nov 21, 2024 | 2:59 pm
State-Owned Mining Giant MIND ID Plans IPO in 2026
... (ANTM), Vale Indonesia (INCO), and Freeport Indonesia. In addition to MIND ... Indonesia (Pelindo) and Aviasi Pariwisata Indonesia (InJourney). According to the 2023 consolidated financial ... of comprehensive oversight, leading to fraud at the subsidiary level. ...Business Aug 1, 2024 | 2:15 pm
Bank Centris Shareholder Refutes Rp 4.5 Trillion Debt Allegation
... Indonesia Liquidity Support (BLBI) which was disbursed during the 1998 financial crisis. In ... of fraud and embezzlement against the "nation and state of Indonesia" by ... .G/2024/PN.JKT.PST. "In conclusion, Bank Indonesia, KPKNL, and PUPN have ...Business Jul 9, 2024 | 6:45 pm
OJK Investigates Fraud Allegations Against Investree, TaniFund, and iGrow
... lending fintech companies currently encountering fraud allegations. These entities are Investree ... under investigation by OJK's Financial Services Investigation Department for further ... these claims. iGrow Resources Indonesia was sued in June by 40 lenders ...Business Apr 4, 2024 | 10:50 am
OJK Intensifies Probe into Fraud Allegations Against TaniFund and iGrow
... Financial Services Authority (OJK) is stepping up its investigation into potential fraud ... , following regulations outlined in OJK Regulation No. ... is currently entangled in payment issues with around ... iGrow Resources Indonesia, or iGrow, was sued in June by ...Business Mar 8, 2024 | 10:36 am
Indonesia Gains Momentum to Tap Investments in Fintech: Association
Jakarta. Indonesia is gaining momentum to attract global investment in the financial sector riding ... pointed to the investment fraud scandal in financing cooperative Indosurya that cost ... prudence amid growing cases of fraud by fintech companies. “We have ...Business Feb 15, 2023 | 3:54 pm
Pluang Tells Retail Investors to Brace for Uncertainties
... -term economic prospects. Meanwhile, investors in Indonesia are on the rise. The ... average of 4.4 percent. The low fraud awareness, coupled with the large ... Chief Economic Minister Airlangga Hartarto. Financial Services Authority (OJK) deputy commissioner ...Special Updates Feb 13, 2023 | 10:00 am
Attorney General to Challenge Indosurya Acquittal in "Biggest Financial Fraud" Case
... prosecutors described as the biggest financial fraud scandal in history. Indosurya chairman Henry ... and June in February of last year for alleged financial fraud and handed ... Benny Tjokrosaputro Sentenced to Life in Indonesia’s Toughest Anti-Graft Trial Charity ...News Jan 26, 2023 | 1:18 pm
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