Three years ago we reported that the Panel of Judges of the Surabaya District Court granted the tort lawsuit filed by one Budi Said against PT Aneka Tambang (Persero) Tbk (ANTM). The State-owned company was ordered to compensate for the losses Budi claimed (Rp817.4 billion). Several months later the decision was annulled by the High Court, but then the Supreme Court decided in favor of Budi. In September 2023, the Assembly of Reconsideration (PK) decided to decline ANTM petition. Budi, therefore, won the legal battle, or so we thought. ANTM refused to obey the court’s decision and apparently conducted a separate investigation. By the end of 2023, we learned that the other key people in the case had been found guilty of corruption. Budi, however, refused to surrender and filed for a PKPU lawsuit, demanding ANTM to restructure its debt. This week, in the most interesting plot twist in a while, the Attorney General’s Office (AGO) named Budi as a graft suspect. What a mess.To subscribe please click here
