An adviser probing the alleged accounting fraud at Indonesian agritech company eFishery recommended that investors make a ...
By bno - Surabaya bureau One of Southeast Asia’s most talked-about controversies is the alleged fraud at eFishery, an ...
Indonesian aquaculture tech startup, eFishery, said on Tuesday that it has appointed business advisory firm FTI Consulting to act as its new management following allegations of misconduct including ...
“We are fully aware of the gravity of the market speculation, and we take this matter with the utmost seriousness,” eFishery said in an e-mail. “We remain dedicated to upholding the highest ...
Yet, as the recent financial troubles at eFishery, KoinWorks and Bukalapak demonstrate, many Indonesian tech start-ups are built on precarious foundations, reminiscent of houses constructed on sand.