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Events / Interpol Red Notice for Reza Chalid
Regulatory corruption scandal

Interpol Red Notice for Reza Chalid

Analysis based on 13 articles · First reported Feb 02, 2026 · Last updated Feb 02, 2026

Sentiment
-70
Attention
4
Articles
13
Market Impact
Direct
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Market Impact

The corruption scandal involving Reza Chalid and Pertamina is expected to negatively impact investor confidence in Indonesia's state-owned enterprises and potentially lead to increased scrutiny of the country's oil and gas sector. The estimated $17 billion loss could also strain Indonesia's national budget.

Oil and Gas Government
Event Summary

Interpol has issued a red notice for the arrest of Indonesian oil tycoon Reza Chalid, nicknamed the 'gasoline godfather,' over his alleged involvement in a $17 billion corruption scandal at state-owned oil company Pertamina between 2018 and 2023. Chalid, along with his son Muhammad Kerry Adrianto Riza and several high-ranking Pertamina officials, is accused of money laundering and manipulating a lease agreement, specifically by importing crude oil from overseas suppliers at inflated prices instead of sourcing it domestically as mandated by Indonesian law. The Indonesia===Attorney General s Office of Indonesia estimates the corruption cost the state 285 trillion rupiah (around $17 billion) and has named 18 suspects. Chalid's Indonesian passport was revoked in October, and authorities are actively seeking his location.

Key Actions
100 Reza Chalid allegedly involved in corruption, money laundering, manipulating lease agreement Pertamina
90 Interpol issued red notice for arrest Reza Chalid
90 Reza Chalid accused of importing crude oil at higher prices Indonesia
80 Indonesia===Attorney General s Office of Indonesia named suspects in corruption case Reza Chalid
70 Indonesia revoked passport Reza Chalid
Entities Involved
per
Reza Chalid
Reza Chalid, an Indonesian oil tycoon, is the central figure in a corruption scandal involving Pertamina. He is accused of money laundering and manipulating lease agreements, leading to an Interpol red notice for his arrest and the revocation of his Indonesian passport.
Importance 100 Sentiment -100
priv
Pertamina
Pertamina, a state-owned oil company, is at the center of a corruption scandal where its high-ranking officials, along with Reza Chalid, are accused of importing crude oil at inflated prices. This event negatively impacts Pertamina's reputation and financial standing.
Importance 90 Sentiment -70
cnt
Indonesia
Indonesia is directly affected by the corruption scandal, with an estimated loss of $17 billion. The event underscores the nation's ongoing struggle with graft and its efforts to combat corruption through agencies like the Attorney General's Office and the immigration office.
Importance 80 Sentiment -50
alliance
Interpol
Interpol issued a red notice for the arrest of Reza Chalid, playing a crucial role in the international pursuit of the alleged corrupt individual. This action highlights Interpol's function in global law enforcement.
Importance 60 Sentiment 0
govactor
Indonesia===Attorney General s Office of Indonesia
The Indonesia===Attorney General s Office of Indonesia is actively investigating the corruption case, estimating the cost to the state at $17 billion and naming 18 suspects. Their actions are crucial in prosecuting those involved and recovering lost funds.
Importance 50 Sentiment 0
per
Muhammad Kerry Adrianto Riza
Muhammad Kerry Adrianto Riza, son of Reza Chalid, was also named in the corruption case alongside his father and Pertamina officials. His involvement links him directly to the alleged fraudulent activities.
Importance 40 Sentiment -80
per
Untung Widyatmoko
Untung Widyatmoko, secretary of Interpol's Indonesia National Central Bureau, confirmed the issuance of the red notice for Reza Chalid. His statements provide official updates on the international pursuit.
Importance 20 Sentiment 0
Relationships
Reza Chalid related ↔ Pertamina
Untung Widyatmoko related ↔ Interpol
Muhammad Kerry Adrianto Riza related ↔ Reza Chalid
Indonesia related ↔ Indonesia===Attorney General s Office of Indonesia
Reza Chalid related ↔ Indonesia
Pertamina related ↔ Indonesia
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