The relationship between Bosowa Corporindo and the Financial Service Authority (OJK) is getting more complicated. We know that Bosowa actualized its lawsuit threat last week. On the same day the lawsuit was filed, the OJK removed Bosowa Corporindo’s voting rights at the Extraordinary General Meeting of Shareholders (RUPSLB) of Bank Bukopin. The RUPSLB was held on August 25, 2020, without Bosowa’s participation. Bosowa has since filed a different lawsuit at the Jakarta State Administrative Court (PTUN Jakarta), challenging OJK’s decision.
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