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Bloomberg

Prabowo’s Clampdown on Indonesian Tycoons Fuels Capital Flight

Friday, July 10, 2026


President Prabowo Subianto's government has increased scrutiny of Indonesian tycoons' finances, according to reporting by multiple outlets. High-net-worth individuals have expressed concerns about potential enforcement actions. Reuters reported in early 2026 that some wealthy Indonesians have moved assets abroad or begun relocating residences.

Original reporting: https://www.bloomberg.com/news/features/2026-07-10/indonesia-s-high-net-worth-individuals-move-money-offshore-on-prabowo-s-wealth-c

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