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Indonesia Imposes US$116 Million in Fines over Manipulation of Sinar Mas, Prajogo-Linked Stocks

Summary by Business Times
The penalties extend the country’s market clean-up to some of its most prominent corporate names Read more at The Business Times.

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The OJK stated that the implementation of these sanctions is part of a reform to accelerate integrity in the Indonesian capital market.

REPUBLIKA.CO.ID, JAKARTA -- The Financial Services Authority (OJK) has taken firm action against violations found in the Indonesian capital market. Through a series of inspections, the OJK imposed administrative sanctions in the form of fines of approximately Rp 2.1 trillion on three issuers, namely...

The Financial Services Authority (OJK) has imposed sanctions and administrative fines totaling Rp2.1 trillion on three issuers, namely PT Dian Swastatika Sentosa Tbk...

·Central Jakarta, Indonesia
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https://www.idxchannel.com/ broke the news on Friday, October 16, 2026.
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