The Business Times

R Bayu Perdana

In April, co-founder and chief executive officer Gibran Huzaifah admitted to systematically manipulating eFishery’s financial reports since 2018 to attract investors and “survive” a cash crunch.

Lesson from eFishery’s fraud: A wake-up call for Indonesia’s startup ecosystem

This scandal underscores that good governance and transparency are essential – not optional – for country’s startup ecosystem, and key reforms are...

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