PT Central Steel Indonesia (CSI) failed to convinced its creditors and was thus declared bankrupt back in 2017. But we know that in addition to financial problems, the Company was also in the center of a criminal case related to fictitious credit facility from PT Bank Mandiri (Persero) Tbk (BMRI). The case have convicted two of the Company’s executives, but problems remain. Since the end of 2017, there is one person who constantly filed lawsuits related to the Company’s assets, i.e., one Goey King Cheen. The same person recently filed a different lawsuit against different parties who are still related to the Company’s dispute. All lawsuits Goey King Cheen filed demanded compensation of dozens of billions.
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