The financial integrity of Telkom Group has once again come under scrutiny following the revelation of another case of alleged corruption involving its subsidiaries. This time, the Jakarta High Prosecutor’s Office (Kejati Jakarta) uncovered suspicions of fictitious projects that drain Telkom’s finances by as much as Rp431 billion. Since the last time we reported the investigation, the case had ensnared 11 suspects. The case reflects a recurring and systematic pattern of abuse within Telkom’s business ecosystem, another example of poor surveillance on State-owned Enterprises (BUMNs).
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