Editorial
The Prabowo administration’s aggressive corporate crackdowns risk looking less like impartial justice and more like selective enforcement: a dangerous signal that could spook the very investors the country needs to sustain growth.
A worker walks near a sign for the Martabe gold mine operated by PT Agincourt Resources, the mining arm of PT Astra International, in Batang Toru district, South Tapanuli regency, North Sumatra, in this undated file photo. (JP/Ruth Dea Juwita)
President Prabowo Subianto has made holding economic wrongdoers accountable a defining theme of his administration. However, as high-profile crackdowns increasingly appear to target private companies, the campaign risks being seen as selective enforcement rather than an impartial pursuit of justice. Left unaddressed, such perception could undermine business confidence and raise fresh concerns about the security and predictability of investing in Indonesia.The latest flash point is the National Police's investigation into alleged corruption among coal producers, which may have contributed to rolling blackouts across several regions and caused around Rp 5 trillion (US$277.5 million) in economic losses, according to authorities.
