The Financial Services Authority (OJK) is still working to bring Adrian Gunadi, the former CEO of fintech peer-to-peer (P2P) lending firm PT Investree Radhika Jaya (Investree), back to Indonesia amid ongoing legal proceedings.

Adrian has been named a suspect and placed on Indonesia’s Wanted List (DPO) for alleged financial crimes.

According to a report by Kontan, Adrian was recently spotted at the E1 Series Doha GP 2025, an electric powerboat racing event held in Qatar despite these legal troubles.

His presence at the event surfaced through an Instagram post by Amir Ali Salemizadeh, CEO of JTA International Holding, which was later removed.

The post included images of Adrian and Amir at the venue.

OJK has been coordinating with law enforcement authorities to bring Adrian back to Indonesia.

The regulator, along with the National Police, has sought Interpol’s assistance by submitting a red notice request and has also initiated a passport revocation process through the Directorate General of Immigration.

However, as of 9 March 2025, Kontan’s search on Interpol’s official website found no record of Adrian’s name on the red notice list.

Last year October, OJK had revoked Investree’s business license due to failure to meet minimum equity requirements and other regulatory provisions.

OJK had previously issued warnings and imposed activity restrictions, urging Investree to address its equity issues, secure new investment, and improve its performance.

However, these measures were unsuccessful, leading to the revocation of the license.

OJK also took legal action against key individuals, including Adrian, who is prohibited from holding key roles in financial institutions.

Featured image credit: Edited from Freepik