Indonesian politician and businessman, founder of Gojek; ex-minister of education and culture
A panel of judges has found Nadiem Anwar Makarim guilty of abuse of authority in relation to the 2020 procurement of Google Chromebooks for Indonesian schools. He has been sentenced to 10 years in prison, with a fine and restitution totaling over 800 billion rupiah. Prosecution says state losses reached about 125 million, while Google’s investment in Gojek is central to the case. The verdicts from multiple outlets converge, with the defense planning appeals.
SK Hynix has raised $26.5bn by selling 177.9m American depositary receipts at $149 each, in the largest-ever US share sale by a foreign company. Its ADRs have begun trading on Nasdaq under temporary ticker SKHYV and will convert to SKHY; the company is using proceeds to expand fabs, packaging and EUV capacity as AI-driven memory demand surges.
The government has not charged Febrie Adriansyah. Authorities are carrying out raids across Jakarta, South Tangerang, and Bogor in connection with a corruption and bribery case tied to power blackouts and fraud at Asabri and Jiwasraya. The case involves state officials and mining firms amid high-profile investigations.