Indonesia targets December completion of Whoosh share transfer review

Indonesia's upper house of parliament will choose the nation's next vice president on December 2, said its speaker on Friday. This follows Gibran Rakabuming Raka's surprising resignation as the president's deputy and son of the previous president, Joko Widodo. The resignation has sparked political uncertainty after raising concerns about the rift between incumbent President Prabowo Subianto and Widodo.

The upper house, mandated by law to appoint the new vice president, will forward a letter to Prabowo requesting he submit two candidate names. A 36-member team of lawmakers has been assembled to verify each candidate's credentials. It remains unclear which names Prabowo will present. Gibran, 39, had previously stated his resignation was a personal choice, unrelated to education concerns.

Analysts suggest the resignation could intensify political strife and prolong the rivalry between Jokowi and Prabowo. Widodo and Gibran have both expressed their intention to back Prabowo. Despite the turmoil, both Jokowi and Gibran recently reaffirmed their support for the president. An additional factor in the growing divide is recent police investigations into alleged illegal wiretapping by top officials, including a former police chief seen as loyal to Jokowi.