In 2015, the Jakarta High Prosecutors Office (Kejati Jakarta) began investigating Bank DKI’s 230-billion-rupiah credit facility scandal. Three of the bank’s former executives went to prison in 2017. A similar scheme has been carried out by executives at two branch offices of Bank DKI. The Central Jakarta district prosecutors office (Kejari) has begun an inquisition and named three suspects, including the President Director of PT Broadbiz Asia, the developer of Paragon Village in Tangerang. The company has been declared bankrupt since 2018.
To subscribe please click here