It has been a while since the Corruption Eradication Commission (KPK) announced their new investigation into the case of alleged corruption in PT Amarta Karya (Persero), a State-owned construction company. This week, the KPK finally named two suspects. Meanwhile, Amarta’s vendors and business partners have been trying to force the company to restructure its debts through the PKPU process. By October 2022, there were three new PKPU lawsuits filed against the company, one of which was granted by the Panel of Judges. The company struggled to settle the dispute with a peace agreement and had until June 2023 to submit their peace proposal. To subscribe please click here
