Problems related to PT Titan Infra Energy (PT TIE) and its group of companies began to appear two years ago, but not much has been highlighted so the problem has simply evaporated. It was only this year that the public learned that the problems the company was experiencing were too big. Recently, Bank Mandiri, which represents several banks, has publicly asked Titan Group to pay its loan obligations of US$450 million or equivalent to more than Rp6 trillion.To subscribe please click here
