05-08-2025
Indonesia police detain former eFishery CEO who faked data
The company claimed revenues of US$752 million in the first nine months of 2024, while the true number was just US$157 million. - Bloomberg
JAKARTA: Indonesian police have detained the co-founder and former chief executive officer of eFishery, who has previously admitted faking financial information at the once high-flying aquaculture startup.
Gibran Huzaifah was detained along with two other former executives, Angga Hadrian Raditya and Andri Yadi, according to a text message from the director of special economic crimes at the National Police's Criminal Investigation Agency, Helfi Assegaf. DealStreetAsia earlier reported the detentions.
