Indonesia Last Week

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Indonesia's Tech Winter Arrives, Personally Served

Published · 7 facts logged from 6 sources

What Actually Happened

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1Nadim Makarim has been sentenced to ten years in prison, with an additional five years added if he does not pay the government 809 billion rupiah, possibly bringing into reality the tech winter he and many others had feared.Nadim MakarimAl Jazeera (archived)
2The verdict has been described as one of the worst precedents for the business community.Indonesian business communityReuters (archived)
3Any audit of state laws without being accountable to another body could change something that was previously fine into a criminal corruption case.state laws, procurementNew Mandala (analysis) (archived)
4Owning shares of a company may automatically constitute a conflict of interest in a public company.public company, shares, conflict of interestBBC News (archived)
5Government officials, vendors, and people in the technology sector are reportedly afraid to engage with the state.government officials, vendors, technology sectorCNBC (archived)
6The verdict triggered roars of approval from his supporters in the courthouse.supporters, courthouseInstagram Video (Primary Source) (archived)
7A commentator indicated that the battle is not yet over.Nadim MakarimAl Jazeera (archived)