Indonesian regulator hunts ex-Investree CEO over alleged fund misuse

Quick Summary:

Indonesia’s Financial Services Authority (OJK) has placed former Investree Radhika Jaya CEO Adrian Asharyanto Gunadi on its wanted list following allegations of financial misconduct.

Gunadi, who co-founded the peer-to-peer lending platform, is suspected of illegally raising funds without the necessary permits, leading to significant losses for users.

A liquidation team, appointed by Investree’s shareholders and approved by the OJK, will oversee the repayment process and asset distribution.

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Article Details

Author / Journalist: Sainul

Category: StartupsTechnology

Markets: SingaporeIndonesia

Topics: Investree People News Fintech

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-02-10 @ 12:56:08 (20 hours ago)

News Timezone: GMT +8:00

News Source URL: e27.co

Language: English

Article Length: 332 words

Reading Time: 2 minutes read

Sentences: 1 lines

Sentence Length: 332 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © e27

News ID: 26026451

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