28
Feb
10:47
Krakatau blast furnace project involved in corruption
The blast furnace construction project of Indonesian state-owned steel producer PT Krakatau Steel has been delayed due to corruption among its executives, according to a court judgement.
According to the judgment announced by the Office of the Attorney General of Indonesia last week, Fazwar Bujang and Andi Soko Setiabudi, former directors of Krakatau Steel, handed the blast furnace project to Krakatau Engineering, despite knowing that Krakatau Engineering was…
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