Story perspectives

Indonesian Ex-Education Minister Sentenced 10 Years, Rupiah Slumps

6/30/2026

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Makarim Sentenced

The sentencing sent shock waves through Indonesia’s elite and foreign business community, across the nation’s corporate and diplomatic circles.
Former education minister Nadiem Makarim was sentenced to 10 years in prison by Jakarta’s anti-corruption court.
Critics and prominent lawyers said the prosecution relied on weak evidence and questioned judicial fairness.
Investor confidence fell as the rupiah dropped, raising worries about President Prabowo Subianto’s economic policies.

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Makarim Sentenced

Dozens of Gojek drivers and supporters gathered outside the courthouse, chanting “Free Nadiem now!”.
Minister Nadiem Makarim received a 10-year term, a 1-billion rupiah fine, 809.6 billion rupiah restitution and five years if unpaid.
Investor concerns grew after the verdict, with the rupiah and stock market falling.
Nadiem Makarim said he will appeal, fight for family and Indonesia, and asked for prayers.

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Makarim Sentenced

The sentencing sent shock waves through Indonesia’s elite and foreign business community, across the nation’s corporate and diplomatic circles.
Former education minister Nadiem Makarim was sentenced to 10 years in prison by Jakarta’s anti-corruption court.
Critics and prominent lawyers said the prosecution relied on weak evidence and questioned judicial fairness.
Investor confidence fell as the rupiah dropped, raising worries about President Prabowo Subianto’s economic policies.

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