Nearly three years ago we reported that the Panel of Judges of the Surabaya District Court granted the tort lawsuit filed by one Budi Said against PT Aneka Tambang (Persero) Tbk (ANTM). The State-owned company was ordered to compensate for the losses Budi claimed (Rp817.4 billion). Several months later the decision was annulled by the High Court, but then the Supreme Court decided in favor of Budi. In September 2023, the Assembly of Reconsideration (PK) decided to decline ANTM petition. Budi, therefore, won the legal battle, although ANTM refused to obey the court’s decision. This week we learned that the other key people in the case have been found guilty of corruption. What a mess.

To subscribe please click here