Indonesia's Financial Services Authority (OJK) issued a statement backing ongoing law enforcement proceedings against Adrian Asharyanto Gunadi, former President Director of PT Investree Radhika Jaya (Investree), who has been named a suspect for alleged financial sector crimes and is on Indonesia’s wanted list with a red notice status. OJK said it is continuing to push for his return to Indonesia through cooperation with relevant authorities domestically and abroad. Responding to media reports, OJK criticised the granting of approval by the relevant authority in Qatar for Gunadi to serve as Chief Executive Officer at JTA Investree Doha Consultancy despite his legal status in Indonesia, and said it will intensify coordination with law enforcement and other parties to address the situation and pursue accountability, including through criminal and civil channels. The release also recapped earlier measures in the Investree case, including revoking Investree’s business licence on 21 October 2024 for failing to meet minimum equity and other violations, imposing a ban on Gunadi from serving as a controlling party, and taking steps such as account blocking and asset tracing; OJK also cited its designation of Gunadi as a suspect in an unlicensed fundraising case under Article 46 of the Banking Law following an investigation by OJK’s Financial Services Sector Investigation Department.

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