The Koperasi Simpan Pinjam (Kospin) Indosurya Cipta was previously declared bankrupt when its management stood trial on allegations of fraud. The prosecutors also appeared to be on the side of the victims by asking the court to confiscate a number of assets as a means of recovery. However, what happened next complicated the situation. The bankruptcy decision was canceled by the Supreme Court and the prosecutors’ request was rejected by the court. We have noted how the events can affect the ongoing trial, and indeed a shocking decision was read last week. The Panel of Judges decided to acquit one of the defendants. How is this possible?
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