It has been two years since we’ve been exposed to the problems related to Koperasi Simpan Pinjam (Kospin) Indosurya Cipta. The case revealed other problems related to the operational activities of savings and loan cooperatives unions. The financial dispute in Kospin Indosurya was settled amicably, but the owner of the Company and several parties were named suspect of fraud and embezzlement by the National Police (POLRI). The peace agreement was also challenged by dozens of creditors, but the attempt failed. We stopped hearing updates until the end of last week. Hundreds of clients of the Kospin filed a civil lawsuit and POLRI finally detained the three individuals suspects.To subscribe please click here
