Last week the National Police’s Criminal Investigation Unit held a press conference to announce that PT Sunprima Nusantara Pembiayaan (SNP Finance)—who is now in their period of Suspension of Debts Payment (PKPU)—and its officials were involved in a huge “break-in” scheme. As many as 14 banks had fallen victims. The board of directors of the Company were named suspects and immediately detained. Three individuals were named fugitives, including one Leo Chandra, the founder of Columbia group. Leo Chandra turned himself in three days after the announcement, on the evening of September 27, 2018.

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