PT Kertas Leces (Persero), a State-owned Enterprise (BUMN) is facing a lawsuit filed by its former employees. The former employees demanded the Surabaya District Court to cancel the peace agreement previously promulgated in 2014, because the Company never fulfilled its obligation after its PKPU. The same district court is now facilitating a similar PKPU process for PT Merpati Nusantara Airlines (Persero)—another BUMN. The next meeting of creditors is scheduled to be held in the last week of July 2018. In another case, the National Police’s Criminal Investigation Unit (Bareskrim) recently announced that they have several suspects in the case of illegal import of garlic involving PT Pertani (Persero)—also a BUMN. To subscribe please click here