After being in a complicated dispute with its shareholder PT Kawasan Berikat Nusantara (Persero) (KBN) for over two years, PT Karya Citra Nusantara (KCN) was forced to restructure its debt by its former legal counsel Juniver Girsang. The odd lawsuit was granted, and the Company is in temporary Suspension of Debts Payment (PKPU). On May 11, 2020, KCN had reportedly submitted its peace proposal. On the same day, we learned that KBN had filed a police report against KCN. KBN said that KCN had committed fraud in the PKPU process.
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