In recent months, there have been an increasing number of investigations into alleged corruption involving State-owned Enterprises (BUMN), almost all of which have been carried out by the Attorney General’s Office (AGO). The ministry stated that this investigation was part of the “clean-up” program and commitment. However, among the many BUMNs that are facing legal problems, PT Waskita Karya Tbk (WSKT) especially attracts attention. Not long ago, the AGO announced a case of alleged corruption involving its subsidiary, PT Waskita Beton Precast Tbk (WSBP). This week, it was Waskita Karya’s turn to be in the spotlight after the AGO announced an investigation into another case of alleged corruption and named one Waskita Karya executive as a suspect. To subscribe please click here
