The Indonesian Corruption Eradication Commission (KPK) confirmed that Andrew Pascalis Adjiputro, CEO of crypto platform PT Pintu Kemana Saja, did not attend the summons on June 25, 2025.

The inquiry relates to alleged corruption in the business cooperation process and acquisition of PT Jembatan Nusantara by state-owned PT ASDP Indonesia Ferry (Persero) between 2019 and 2022.

KPK spokesperson Budi Prasetyo said that Andrew was represented by his legal team.

“He did not attend. His legal team came instead,” Budi said via text message.

The KPK has not clarified whether the legal team’s presence meets the requirements of the summons. Details of the discussions between investigators and the legal team have not been disclosed.

Andrew was listed in the KPK’s examination schedule as a witness in the case, which has already identified several suspects.

Further updates on the investigation are expected as the case develops.

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🔗 Source: Bloomberg Technoz

🧠 Food for thought

1️⃣ Indonesia’s state-owned enterprises remain corruption hotspots despite reform efforts

The corruption investigation into PT ASDP Indonesia Ferry represents a continuing pattern of state enterprise corruption that has persisted despite Indonesia’s anti-graft efforts.

This case follows a long line of high-profile corruption scandals in Indonesia’s public sector, including the e-KTP procurement scandal that cost the state approximately $170 million and implicated 37 senior politicians1.

Indonesia’s Corruption Eradication Commission (KPK), established in 2002, continues to face challenges in addressing endemic corruption, particularly in state-owned companies where oversight mechanisms remain vulnerable.

Despite some progress following decentralization reforms in 2001, when average bribe ratios paid by firms declined according to a study of 1,862 companies across 30 districts, corruption in key sectors has remained resilient2.

The involvement of multiple executives from PT ASDP in this case suggests systematic corruption issues rather than isolated incidents, highlighting the difficulties in reforming governance in state-owned enterprises despite strengthened regulations.

2️⃣ Intersection of corruption investigations and Indonesia’s evolving crypto regulations

The timing of this case is particularly notable as it coincides with a major regulatory transition in Indonesia’s crypto sector from Bappebti to the Financial Services Authority (OJK) in 20253.

PT Pintu Kemana Saja, whose CEO was summoned as a witness, operates in a sector that is experiencing significant regulatory evolution, with new governance and consumer protection standards being implemented3.

This investigation emerges during a period when Indonesia’s financial regulatory framework is being restructured under Law No. 4 of 2023, creating potential regulatory gaps during the transition that could affect accountability4.

The case highlights the challenges faced by Indonesia’s anti-corruption efforts as they intersect with rapidly evolving digital financial sectors, where regulatory frameworks may not have kept pace with industry developments.

Cryptocurrency businesses in Indonesia are now subject to enhanced Know-Your-Customer (KYC) requirements and beneficial ownership reporting, measures specifically designed to combat financial crimes and improve transparency56.

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