KM Financial Solutions | UPDATE 1-Indonesia raids home of Lippo Group deputy chairman in bribery probe
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UPDATE 1-Indonesia raids home of Lippo Group deputy chairman in bribery probe

UPDATE 1-Indonesia raids home of Lippo Group deputy chairman in bribery probe

Indonesia’s anti-graft agency
said on Thursday it had raided 10 locations, including the home
of Lippo Group Deputy Chairman James Riady, as part of a bribery
investigation linked to the conglomerate’s $21 billion Meikarta
real estate project.
The raids come after the Corruption Eradication Commission,
known as KPK, arrested two Lippo Group consultants and
an employee accused of trying to pay off city officials to
obtain property permits for Meikarta..

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