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Two businessmen in Jiwasraya corruption case sentenced to life in prison

Two businessmen in Jiwasraya corruption case sentenced to life in prison
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Indonesian banks prop up coal industry increasingly shunned by outside lenders

JAKARTA Indonesia’s four largest banks handed out loans totaling $3.5 billion of direct loans to the coal industry from 2015-2021, despite their stated commitments to sustainable financial practices, a new report shows. The report by a coalition of civil society groups looked at loans made by BNI, BRI and Bank Mandiri, all state-owned lenders, […]

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Indonesian Prosecutors Seek First-Ever Death Sentence in Graft Trial

Businessman Heru Hidayat tried in the Asabri case becomes the first graft defendant facing the death sentence.

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Eight named suspects in Asabri graft case

Eight named suspects in Asabri graft case 2nd February 2021 The Attorney General s Office, on Monday (Feb 1), named eight suspects in an alleged graft case related to the management of finance and investment fund at state-owned insurance firm PT Asuransi Angkatan Bersenjata Republik Indonesia (Asabri). ANTARA/HO-the Attorney General s Office Public Relations The suspects will be held in custody for 20 days at the Attorney General s Office s Salemba detention house and at the Jambe detention house in Tigaraksa, Tangerang Jakarta (ANTARA) - The Attorney General s Office, on Monday, named eight suspects in an alleged graft case related to the management of finance and investment funding at state-owned insurance firm PT Asuransi Angkatan Bersenjata Republik Indonesia (Asabri).

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