EFishery Founder Who Faked Data Detained by Indonesia Police (1)

Indonesian police have detained the co-founder of eFishery Pte, investigating a startup whose collapse shook up Southeast Asia’s investment and tech community.

Gibran Huzaifah was detained last week by the white-collar crimes division, the police said. He and two other former eFishery executives have remained in custody since July 31, according to a text message from Helfi Assegaf, director of special economic crimes at the National Police’s Criminal Investigation Agency.

The three have been “officially named as suspects,” according to the police, though it was unclear if any have been officially charged with wrongdoing.

Gibran’s detention comes months after ...