Inside Indonesia’s Wash-Trade Scheme
Channel: Bloomberg Television
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Read a transcript preview of “Inside Indonesia’s Wash-Trade Scheme” from Bloomberg Television, uploaded on 2026-11-04.
Transcript preview
Language: English (original, YouTube automatic captions)
[0:00] Imagine
[0:01] a stock surging nearly 5,000% [music] in
[0:05] just 6 weeks. That creates an aura of a
[0:08] lot of investor interest. But now
[0:10] imagine it's all engineered.
[0:12] Well, that's exactly what's happening in
[0:15] Indonesia. And now [music]
[0:16] >> Indonesia is facing a potential ejection
[0:19] from global stock indexes.
[0:21] >> Our reporting shows how some Indonesian
[0:24] stocks were manipulated to attract
[0:26] global investors. [music] This has
[0:28] become so massive that it put questions
[0:31] on the credibility of Indonesia as a
[0:34] whole.
[0:35] >> The country is Southeast Asia's largest
[0:37] economy and long seen as an investor
[0:40] darling. Now it's facing a crisis of
[0:43] confidence. So what went wrong?
[0:52] In