Maxpower Bribery Case  

On September 27, 2016 the Wall Street Journal reported that the United State’s Justice Department was investigating the Standard Chartered PLC over the allegations that PT Maxpower Indonesia, a subsidiary of Standard-Chartered-controlled Maxpower Group Pte Ltd, had bribed Indonesian Government officials. The bribery allegedly took place between 2012 and 2015 in the amount of US$750,000. Investigators had supposedly obtained several pieces of evidence, one of which is a record of a conversation. The Corruption Eradication Commission (KPK) reportedly had reportedly received information regarding the investigation and had since conducted its own investigation.

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