Featured Indonesia

Indonesian Fisheries Minister Edhy Prabowo arrested over alleged lobster corruption

Indonesia’s Fisheries Minister Edhy Prabowo faces up to life in jail after being arrested by the country’s Anti-Corruption Commission over lobster larvae export permits. The Anti-Corruption Commission, known by its Indonesian acronym KPK, arrested Mr Prabowo and his wife Iis Rosita Dewi as they arrived at Jakarta airport from the… Read More

Indonesian fisheries minister arrested by anti-graft agency

Anti-graft officials arrested Indonesia’s minister for maritime affairs and fisheries, Edhy Prabowo, early on Wednesday, an agency spokesman said, without giving a reason for the detention. The minister was among several people held and could be detained and questioned for up to 24 hours, added Ali Fikri of the Corruption… Read More

U.K.’s SFO Investigating Plane Maker Bombardier Over Possible Bribery

The U.K.’s Serious Fraud Office is investigating Bombardier Inc. over what the agency described as suspected bribery and corruption related to deals with airline PT Garuda Indonesia. Bombardier disclosed the investigation Thursday with its third-quarter financial results. The Canadian plane and train maker said it had launched an… Read More
6th November 2020
Chuang Chou-wen (莊周文), a billionaire chairman of a financial holding headquartered in Taichung, Taiwan, has been arrested for his alleged connection to illegal gambling and money-laundering, and as of Wednesday (Nov. 4), he was being held in Changhua, Taiwan. Chuang, the chairman of Xin Li Wang Intl. Holding Group (新力旺國際控股集團),… Read More
28th October 2020
Southeast Asian countries are lagging behind in the adoption of registries with information on companies’ true owners, a tool deemed crucial to fight corruption, money laundering and terrorism financing, according to a report by the United Nations Office on Drugs and Crime. “While transparency in the banking sector is… Read More
28th October 2020
An Indonesian graft court has sentenced businessman Benny Tjokrosaputro to life in prison for a stock manipulation scheme that helped trigger losses of more than $1 billion at state insurer Asuransi Jiwasraya, state news agency Antara said. Three of the insurer’s executives were among the five other defendants sentenced to… Read More
3rd September 2020
The Attorney General’s Office (AGO) has named prosecutor Pinangki Sirna Malasari a suspect of money laundering and bribery after she allegedly received money from graft convict Djoko Soegiarto Tjandra to help him secure a Supreme Court acquittal. Investigation director for the AGO’s junior attorney for special crimes, Febrie Adriansyah, said… Read More
31st August 2020
How would you spend £340 ($450)? It’s a lot of money – enough for a haute couture purse from Yves Saint Laurent. It is also the market rate for a kilogram of scales from the world’s most trafficked animal. The story of how the trade of pangolin scales… Read More
3rd August 2020
The phrase “shell company” conjures images of offshore havens such as Panama or the British Virgin Islands, but one of the world’s leading enablers of financial secrecy is actually the United States. In every state, more personal details and proof of identity are required to get a library card… Read More
8th July 2020
Hackers with suspected ties to the North Korean regime are intercepting and stealing U.S. shoppers’ credit card details during online payments. Cybercriminals with links to a state-sponsored unit known as “Hidden Cobra” have been breaking into the websites of “large U.S retailers” and planting “skimmers” since at least May 2019,… Read More
6th July 2020
Sixty-two countries violated United Nations Security Council sanctions against North Korea over a one-year period, according to a report from a Washington, D.C.-based think tank The Institute for Science and International Security report, released Wednesday, cites over 250 alleged violations from February 2019 to February 2020 based on… Read More
25th June 2020
The Corruption Eradication Commission (KPK) is tracking the wealth and assets of former Supreme Court secretary Nurhadi Abdurrahman, who is a suspect in a bribery case. Nurhadi and his son-in-law, Rezky Herbiyono, were named as suspects for allegedly accepting nine checks and Rp 46 billion (US$3.2 million) in cash… Read More
18th June 2020
Cayman Islands fintech holding company Achiko has run into “compliance issues” just months after listing on the Swiss stock exchange. The firm has called a meeting of shareholders this week to approve a plan to create a Swiss company and re-list the shares from this entity. But some shareholders are… Read More