Indonesia Pertamina $17 Billion Corruption

Reza Chalid, an Indonesian oil tycoon, is at the center of a $17 billion corruption scandal involving state-owned oil company Pertamina. He is accused of money laundering and manipulating a lease agreement between 2018 and 2023, specifically by importing crude oil from overseas suppliers at inflated prices instead of sourcing it domestically as mandated by Indonesian law. The Indonesia — Attorney General s Office of Indonesia estimates the corruption at 285 trillion rupiah (around $17 billion) and has named 18 suspects, including Reza Chalid and his son, Muhammad Kerry Adrianto Riza. International — Interpol has issued a red notice for Reza Chalid's arrest, and his Indonesian passport was revoked in October. He is believed to be in Malaysia, where Prime Minister Anwar Ibrahim has acknowledged meeting him but stated no government interference in legal procedures. This event underscores Indonesia's ongoing struggle with graft, following other high-profile corruption cases.