OJK Chief Addresses Reports of Fugitive Investree Ex-CEO's Whereabouts in Qatar

5 hours ago 9

February 26, 2025 | 03:52 pm

TEMPO.CO, Jakarta - Financial Services Authority (OJK) Board of Commissioners Chief Mahendra Siregar has addressed reports that former PT Investree Radika Jaya (Investree) CEO Adrian Asharyanto Gunadi is in Qatar. However, he declined to comment further, citing the ongoing legal process.

"This is still under investigation, so I’d rather not comment. It’s being processed," Mahendra said at the House of Representatives complex on Tuesday, February 25.

OJK confirmed that Adrian has been placed on Interpol’s Red Notice list but did not provide further details on the case’s progress.

The search for Adrian, who is accused of illegally collecting funds, intensified after he was declared a wanted person (DPO) in December 2024 following reports that he had fled abroad. OJK’s Head of Financial Services Sector Investigations, Tongam L. Tobing, stated that Adrian is believed to be in Doha, Qatar. “The information we received is that Adrian is still in Qatar,” Tongam said on Friday, December 27.

The OJK has imposed a travel ban on Adrian and requested that the National Police issue a Red Notice through Interpol. Tongam affirmed that OJK, together with the police, will continue to pursue Adrian.

“We are actively tracking his whereabouts,” he said.

OJK officially revoked Investree’s business license on October 21, 2024. Adrian had already been dismissed as CEO on February 2, 2024, amid rising loan default rates. At the time, Investree reported a 90-day repayment success rate (TKB90) of 83.56 percent.

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