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Indonesia Court Cuts Nadiem Makarim Term in Graft Appeal
Source: Bloomberg
Legal & LitigationManagement & GovernanceFintech
An Indonesian appeals court upheld former Education Minister and Gojek co-founder Nadiem Makarim's corruption conviction, while reducing his prison term by one year to nine years from 10 years. The ruling sustains significant governance and reputational risks linked to a prominent figure in Indonesia's technology and fintech ecosystem.
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