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Jakarta Post

Buyers anxious about Meikarta

  • Fachrul Sidiq

    The Jakarta Post

Jakarta   /   Thu, October 18 2018   /  12:33 am
Work in progress: An aerial photo taken on Tuesday shows the construction of apartments at Meikarta in Cikarang, Bekasi regency, West Java. The Corruption Eradication Commission (KPK) has named Bekasi Regent Neneng Hasanah Yasin and Lippo Group operational director Billy Sindoro suspects of bribery in connection with the issuance of building permits.(Antara/Hafidz Mubarak A.)(KPK) has named Bekasi Regent Neneng Hasanah Yasin and Lippo Group operational director Billy Sindoro suspects of bribery in connection with the issuance of building permits.(Antara/Hafidz Mubarak A.)

Work in progress: An aerial photo taken on Tuesday shows the construction of apartments at Meikarta in Cikarang, Bekasi regency, West Java. The Corruption Eradication Commission (KPK) has named Bekasi Regent Neneng Hasanah Yasin and Lippo Group operational director Billy Sindoro suspects of bribery in connection with the issuance of building permits.(Antara/Hafidz Mubarak A.)The recent arrest of businesspeople from diversified conglomerate Lippo Group and Bekasi regency officials pertaining to the Meikarta development in Cikarang, West Java, has left property buyers anxious about the continuation of the project.

The Corruption Eradication Commission (KPK) has accused Bekasi Regent Neneng Hasanah Yasin of accepting Rp 513 million (US$33,740) and S$90,000 ($65,400) from businesspeople in a case revolving around the issuance of permits for the company’s flagship project.

The...