A year has passed since the Attorney General’s Office (AGO) announced their investigation into the irregularities in Bank Mandiri’s issuance of a credit facility to PT Tirta Amarta Bottling. At the time, the investigation which commenced after Bank Mandiri asked for assistance from the AGO, recorded an estimated losses sustained by the State at a little over Rp1 trillion. Bank Mandiri and PT Tirta Amarta Bottling began their relationship in 2008. Bank Mandiri stated that the relationship with PT Tirta Amarta Bottling went smoothly, but something strange happened between the 2015-2016 fiscal year so that the Bank began to build coordination with the AGO. To subscribe please click here