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Indonesia’s Wealth Fund CIO Owns Stake in Sanctioned Brokerage

Source: Bloomberg

Emerging MarketsRegulation & LegislationLegal & LitigationManagement & Governance

Pandu Sjahrir, an Indonesian wealth fund executive who has publicly supported MSCI scrutiny of the country’s stock market, co-owns a brokerage sanctioned in connection with a stock-market manipulation probe. The report does not state that Sjahrir was personally sanctioned or implicated in the probe.

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