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Eve Langston

@evelangstonn

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Posted On: September 17th 2026, 12:55 am

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Indonesia’s Corruption Eradication Commission (KPK) has uncovered allegations that disaster relief funds managed by the National Disaster Mitigation Agency (BNPB) were misused to purchase stocks. According to KPK, approximately Rp30.98 billion in funds linked to disaster-related procurement was allegedly diverted for personal interests, including the purchase of shares in PT Medela Potentia (MDLA) through PT Alfa Veritas Energizer (AVE). The funds were originally allocated to support disaster response efforts, including forest and land fires in Kalimantan and Papua, a major earthquake in East Nusa Tenggara, and floods in Aceh and Sumatra. KPK has named five suspects in the alleged corruption case, which involves suspected conflicts of interest and bribery in procurement activities between 2024 and 2026.
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