Indonesian Political, Business & Finance News

AGO Arrests Richard Muljadi in Coal Business Fraud Case

| | Source: MEDIA_INDONESIA Translated from Indonesian | Legal
AGO Arrests Richard Muljadi in Coal Business Fraud Case
Image: MEDIA_INDONESIA

The Attorney General’s Fugitive Arrest Team (Tabur) has reportedly arrested Richard Muljadi. The arrest relates to his status as a defendant in a case of alleged investment fraud in the coal business sector.

Based on information gathered on Monday, 22 June 2026, this firm action was taken after the ongoing legal process placed the individual in a position where he must account for his actions before the court. The case originated from reports of substantial losses suffered by business partners in a coal mining investment scheme.

Richard Muljadi is suspected of involvement in fraudulent practices that promised large profits through the coal commodity business. However, these promises were not realised, and the funds deposited by investors were allegedly misused.

The Attorney General’s Office carried out the arrest to ensure the smooth running of the trial and legal execution. This step is part of the adhyaksa corps’ commitment to resolving cases of fraudulent or bogus investments that harm the public and disrupt the business climate in Indonesia.

“Richard Arief Muljadi is charged with criminal fraud in the coal business, causing losses of up to Rp7 billion. He is charged under Article 378 of the Criminal Code and Article 372 of the Criminal Code in conjunction with Article 55 Paragraph (1) of the Criminal Code, with a maximum penalty of eight years in prison,” said the Head of the AGO’s Legal Information Centre, Anang Supriatna.

According to Anang, the case file for defendant Richard had been transferred to the court. However, the individual never appeared, resulting in Richard being placed on the wanted list of the South Kalimantan High Prosecutor’s Office.

“At the time of his apprehension, defendant Richard Arief Muljadi was cooperative, so the securing process proceeded smoothly. Subsequently, the defendant was handed over to the Banjarmasin District Prosecutor’s Office for further action,” said Anang.

This arrest adds to the long list of efforts by the Attorney General’s Office to pursue defendants or convicts deemed uncooperative in the legal process. This coal business fraud case has drawn public attention given the defendant’s profile, which frequently appears in national news.

Authorities emphasised that there is no safe place for criminals to hide from the reach of the law. Richard Muljadi must now undergo further legal procedures in accordance with the applicable laws and regulations in Indonesia’s jurisdiction.

The public is urged to remain vigilant against various investment offers in the mining sector and to always conduct due diligence before placing large sums of money in specific business schemes.

View JSON | Print