US EditionIndonesia's Attorney General's Office arrest CEO of Indonesia's textile giant Sritex
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6 Articles
Indonesia's Attorney General's Office arrest CEO of Indonesia's textile giant Sritex
JAKARTA - The president director of bankrupt Indonesian textile giant Sritex has been arrested as part of a corruption investigation, Indonesia's Attorney General's Office said on Wednesday. Read more at straitstimes.com.
Indonesia’s collapsed textile giant Sritex faces delisting as former executive named suspect in bank loan scandal
Indonesia’s collapsed textile giant Sri Rejeki Isman (Sritex) is facing potential delisting from the Indonesia Stock Exchange (IDX) after the Attorney General’s Office (AGO) named a former executive as a suspect in a corruption case involving the alleged misuse of bank loan facilities.
The atmosphere at the house of Sritex boss, Iwan Setiawan Lukminto, looked quiet after the arrest by the Attorney General's Office on Jalan Enggano 3, Banjarsari, Solo City on Wednesday (22.5.2025). The atmosphere...
Iwan Setiawan's intensive examination will determine the next status regarding the case.
The examination of former Sritex CEO Iwan Setiawan Lukminto is to investigate the alleged corruption case of credit from several banks to PT Sritex with a value of around IDR 3.6 trillion.
Indonesia’s Attorney General’s Office arrest CEO of Indonesia’s textile giant Sritex - Regional Media News
JAKARTA (Reuters) -The president director of bankrupt Indonesian textile giant Sritex has been arrested as part of a corruption investigation, Indonesia’s Attorney General’s Office said on Wednesday. The AGO confirmed to Reuters that the arrest of Iwan Kurniawan Lukminto was due to alleged irregularities related to a bank loan provided to Sritex. Local media earlier reported the loan was provided by a state bank. Reuters sought comment from …
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