The legal dispute surrounding the Koperasi Simpan Pinjam (Kospin) Indosurya Cipta is becoming even more confusing. The Kospin was previously declared bankrupt when its management stood trial on allegations of fraud. The prosecutors also appeared to be on the side of the victims by asking the court to confiscate a number of assets as a means of recovery. However, what happened next complicated the situation. The bankruptcy decision was canceled by the Supreme Court and the prosecutors’ request was rejected by the court. Now anything is possible. This week, Henry Surya read out his defense plea asking the Panel of Judges to acquit him. The chronology of events is confusing so please bear with us.To subscribe please click here
