A state-owned enterprise (BUMN) focused on the business of financing the maritime sector, PT Pengembangan Armada Niaga Nasional (PANN) Pembiayaan Maritime (formerly known as PT PANN Maritime Finance), has been the subject of scrutiny in connection with a corruption investigation. Allegations of corruption emerged after PT Meranti Maritime and PT Meranti Bahari (Meranti Group’s subsidiaries) both are PANN’s debtors, recently entered their period of Suspension of Debts Payment (PKPU).To subscribe please click here