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Indonesia's Makarim, Gojek founder and former minister, found guilty of graft

Indonesia's Makarim, Gojek founder and former minister, found guilty of graft
Channel News Asia Tuesday 30 June 2026, 08:04 UTC 1 min read
Key Points

Indonesia's Makarim, Gojek founder and former minister, found guilty of graft JAKARTA: An Indonesian court on Tuesday (Jun 30) ruled that Nadiem Makarim, co-founder of tech firm Gojek and a former education minister, was guilty of corruption and sentenced him to 10 years in prison. Makarim, 41, has protested his innocence, saying the case against him is politically motivated — an assertion that has found support from academics and rights activists.

Indonesia's Makarim, Gojek founder and former minister, found guilty of graft JAKARTA: An Indonesian court on Tuesday (Jun 30) ruled that Nadiem Makarim, co-founder of tech firm Gojek and a former education minister, was guilty of corruption and sentenced him to 10 years in prison. Makarim, 41, has protested his innocence, saying the case against him is politically motivated — an assertion that has found support from academics and rights activists. The verdict has the potential to further undermine investor confidence in Indonesia. The rupiah and stocks have slumped this year after cuts to outlooks from credit ratings agencies on unpredictable policymaking and governance concerns, while index provider MSCI is weighing whether to downgrade Southeast Asia's biggest economy due to market transparency concerns.
Indonesia (LOCATION) Makarim, Gojek (ORG) JAKARTA (LOCATION) Indonesian (ORG) Nadiem Makarim (PERSON) Gojek (ORG) Makarim (PERSON) MSCI (ORG) Southeast Asia's (LOCATION)
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