As Prabowo readies for Indonesian presidency, concerns rise over clout of his family’s business empire

  • 📰 ChannelNewsAsia
  • ⏱ Reading Time:
  • 41 sec. here
  • 6 min. at publisher
  • 📊 Quality Score:
  • News: 34%
  • Publisher: 66%

Indonesia News

Prabowo Subianto,Business,Politics

The president-elect’s youngest sibling Hashim Djojohadikusumo has ambitions to expand his already lucrative business portfolio. Analysts are raising concerns over the family’s growing commercial and political clout.

Indonesia's President-elect Prabowo Subianto with his brother Hashim Djojohadikusumo , his niece Sara Djojohadikusumo and Tesla founder Elon Musk in Bali on May 20, 2024. BULUNGAN, NORTH KALIMANTAN: In the middle of North Kalimantan’s lush forest, a helicopter touched down on May 30, bearing a special guest as it blew dust into the eyes of nearby security personnel.

Once completed, the hydropower plant is slated to provide electricity not only to people in North Kalimantan but also to Indonesia’s planned new capital, Nusantara, in eastern Kalimantan, some 430km away. They warn that if not carefully managed, Mr Hashim and other members of Mr Prabowo’s family may risk abusing power.

He held several ministerial positions under founding father and first president Sukarno and second president Suharto. Analysts CNA spoke to pointed out that the sibling relationship could blur the lines between business and politics.He pointed out that Mr Hashim had funded Mr Prabowo’s campaigns and spent a lot on them.

His older brother Mr Thomas Djiwandono, 52, is the treasurer of Gerindra. He also once served as deputy CEO of Mr Hashim’s Arsari Group.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in BUSİNESS

Business Business Latest News, Business Business Headlines