Jakarta Corruption Court has sentenced Ariesman Widjaja, former CEO of Agung Podomoro Land (APLN), three years prison for his alleged role in a bribery case implicating Gerindra Party politician related to northern Jakarta reclamation project. Amidst uncertainty surrounding the project, where Podomoro have reportedly invested trillions of rupiah, market participants continue to speculate on divestment of assets.To subscribe please click here
