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View all search resultsState-owned lender PT Bank Negara Indonesia (BNI) has announced it will stop disbursing credits for ownership of apartments in Meikarta township project, following the arrests of several people, including executives of Lippo Group, by the Corruption Eradication Commission (KPK) in a bribery case.
The Corruption Eradication Commission (KPK) on Thursday morning conducted a search at the home of Lippo Group CEO James Riady, in connection with its investigation into the alleged graft surrounding the issuance of permits for the diversified conglomerate's Meikarta flagship project.
Diversified conglomerate Lippo Group on Wednesday signed 10 memorandums of understanding (MoUs) to open the way for it to develop an education, health and technology research center in the Meikarta township project in Bekasi, West Java.
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