We welcome 2023 with news from the Attorney General’s Office (AGO) that they have commenced investigation into the case of alleged corruption related to PT Graha TelkomSigma (PT GTS – TelkomSigma, subsidiary of PT Sigma Cipta Caraka – Sigma). Eight individuals have been named suspects since then and the case allegedly caused State losses amounted to over Rp200 billion. Several months later, we learned that the AGO developed their investigation and managed to find an entry to a new case, which allegedly caused over Rp300 billion in State losses. The new case allegedly involving Sigma. This week, another surprise emerged as the Corruption Eradication Commission (KPK) announced that they had commenced inquisition on a case of alleged corruption which also involved Sigma. What a mess. What about the jumbo loss from Telkomsel’s investment in Gojek/GOTO?To subscribe please click here
