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By bno - Surabaya bureau One of Southeast Asia’s most talked-about controversies is the alleged fraud at eFishery, an ...

Yet, as the recent financial troubles at eFishery, KoinWorks and Bukalapak ... with reports claiming 400,000 fish feeder units, while only 24,000 could be confirmed. Meanwhile, KoinWorks ...

While eFishery said it had more than 400,000 fish feeders in operation, initial investigations estimate it had only about 24,000. Internal books show retained losses at roughly US$152 million from ...

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An adviser probing the alleged accounting fraud at Indonesian agritech company eFishery recommended that investors make a ...

That would mean more than 75% of the reported figures were fake, the report said. EFishery, which deploys feeders to fish and shrimp farmers in Indonesia, was a darling of the nation’s startup scene ...