The Financial Services Authority of Indonesia (Otoritas Jasa Keuangan/OJK) has reaffirmed its commitment to law enforcement in the case involving Adrian Asharyanto Gunadi, former CEO of PT Investree Radhika Jaya (Investree).

Mr. Adrian has been officially named a suspect in an alleged financial services crime. He is currently on Indonesia’s Most Wanted List and is the subject of a red notice.

Financial Crime Allegations Lead to Red Notice

OJK continues to support the law enforcement process by facilitating efforts to repatriate Mr. Adrian to Indonesia.

These efforts are being coordinated with relevant domestic and international authorities.

The legal charge against him involves illegal fundraising under Article 46 of Indonesia’s Banking Law, following an investigation by OJK’s Financial Services Sector Investigation Department (DPJK).

OJK Regrets Qatar Appointment of Fugitive as CEO

OJK expressed regret over recent developments reported in the media regarding Mr. Adrian’s appointment as CEO of JTA Investree Doha Consultancy.

The agency criticized the decision by authorities in Qatar to grant the license, despite Mr. Adrian’s legal status as a suspect in Indonesia.

OJK Sanctions and License Revocation

OJK has taken regulatory action in response to the Investree case. On October 21, 2024, it revoked Investree’s business license due to failure to meet minimum capital requirements and multiple regulatory violations.

Further, OJK has banned Mr. Adrian from serving as a key party in any financial institution, ordered the blocking of his bank accounts, and initiated asset tracing to support the investigation.

OJK Expands Legal Cooperation with Global Authorities

OJK is intensifying cooperation with legal and regulatory bodies, both in Indonesia and abroad, to pursue Mr. Adrian’s return and ensure accountability.

“OJK remains fully committed to fostering a sound and trustworthy financial services industry. Any violation of prevailing regulations will be dealt with firmly and transparently,” the agency stated.

PHOTO: FREEPIK

This article was created with AI assistance.