Gojek Founder Warns of Investor Risks in Graft Plea
Former Indonesian education minister Nadiem Makarim warned that legal risks and the criminalization of professionals are deterring foreign investors. Makarim denied allegations of improper laptop procurement during his final defense plea against a potential 18-year prison sentence.
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Nadiem Makarim, the founder of Gojek, warned that a corruption case against him is deterring foreign investment in Indonesia. Prosecutors are seeking an 18-year prison sentence and approximately 6 trillion rupiah ($336.32 million) in fines and restitutions for the former education minister. The trial tests the legal safety of Southeast Asia's largest economy for global technology executives and institutional investors.
