The alleged corruption case in the procurement of advertisements at Bank Pembangunan Daerah Jawa Barat dan Banten (BJBR) once again highlights serious issues in the governance of regional-owned enterprises (BUMD). KPK has named five suspects, including former President Director of BJB Bank, Yuddy Renaldi, in connection with alleged price markups in the advertising procurement project, which resulted in state losses of IDR 222 billion. To subscribe please click here
