Koperasi Simpan Pinjam (Kospin) Indosurya Cipta convinced its creditors to resolve its debt dispute after submitting a peace proposal on July 8, 2020. The company was able to avoid bankruptcy, but problems remain. Apart from the court proceedings in Indonesia, other creditors have tried to get their rights, attempts that have since failed. This failure then led to a lawsuit in the Singapore High Court against Henry Surya. After an intense examination at the end of April 2022, the Judge decided that the lawsuit could not be proven. Separately, Henry and two of his officials in the company were named suspects by the police. They have been detained since March 2022.To subscribe please click here
