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After Jiwasraya, Tjokrosaputro and Hidayat Detaines for Asabri Bribery Case

JAKARTA (TheInsiderStories) - After became a suspect in sate firm, PT Asuransi Jiwasraya case, now the owner of PT Hanson International Tbk (IDX: MYRX), Benny Tjokrosaputro,...

UK’ Anti-Corruption Investigates Bombardier, Garuda Contracts

JAKARTA (TheInsiderStories) - United Kingdom (UK) Serious Fraud Office confirmed its investigating plane producer, Bombardier Inc., over suspected bribery and corruption in relation to contracts or...

Former Trans Pacific Petrochemical Boss Imprisoned for 16 Years

JAKARTA (TheInsiderStories) - Former boss of PT Trans Pacific Petrochemical Indonesia (TPPI), Honggo Wendratno, was found guilty of committing a criminal act of corruption...

Indonesia’s Taspen Life Acquires Jiwasraya Putra for US$183M

JAKARTA (TheInsiderStories) - State insurance firm, PT Taspen Life will acquires 70 percent shares of PT Asuransi Jiwasraya Putra for Rp2.6 trillion (US$183.09 million), said the...

FSA’s Official, 13 Managers Become a New Suspects of Jiwasraya Cases

JAKARTA (TheInsiderStories) - Attorney general named deputy commissioner of Financial Services Authority (FSA), Fakhri Hilmi, and 13 investment managers as the new suspect of corruption case...

Tjokrosaputro, Hidayat Owes US$757M to Indonesia’s ASABRI

JAKARTA (TheInsiderStories) - After making a loss to a state-owned company, PT Asuransi Jiwasraya, president director of PT Hanson International Tbk (IDX: MYRX) Benny...

Lippo Karawaci’s Alleged Bribery is Credit Negative, Moody’s Said

JAKARTA (TheInsiderStories) - On Oct. 15, Indonesia's (Baa2 stable) Corruption Eradication Commission arrested Lippo Group executives for alleged bribery relating to the issuance of property...

Two Years Fugitive, Eddy Sindoro Surrenders to Anti-graft Agency

JAKARTA (TheInsiderStories) - Ex-Commissioner of Lippo Group, Eddy Sindoro, finally sent himself to Indonesia's Corruption Eradication Commission (CEC) on Friday (12/10) evening, after 2 years escaping. CEC's...

Garuda Indonesia Sues UK’s Roll Royces for US$44M

JAKARTA (TheInsiderStories) - The country's flight carrier PT Garuda Indonesia Tbk (IDX: GIAA) sued Rolls Royce PLC and Rolls Royce Total Care Services Limited,...
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