Earlier this year the Jakarta High Prosecutor’s Office (Kejati Jakarta) issued a warrant for the commencement of inquisition (sprindik) on allegation of corruption related to the procurement of coal for PT Perusahaan Listrik Negara (PLN) in Muara Enim, Palembang, South Sumatera. The Kejati named two suspects in the case, One of whom is Kokos Jiang (previously known as Kokos Leo Lim), the owner of Sugico group. In August 2018, Kokos’ name was once again mentioned after it was revealed that Reliance Power Netherlands BV, a wholly owned subsidiary of Indian power producer Reliance Power Ltd, had won an international arbitration award of US$56 million against Prestige Capital Holdings Ltd, a Seychelles based Company and Kokos Jiang. The dispute between Kokos and Reliance continues as Kokos filed a tort lawsuit at the Central Jakarta District Court against Reliance and several other parties last week.
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