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Indonesia arrests 9 over bribery allegations tied to Lippo Karawaci project

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Indonesia arrests 9 over bribery allegations tied to Lippo Karawaci project

Indonesia's Corruption Eradication Commission named four people affiliated with Lippo Group as suspects in a purported bribery scheme tied to its PT Lippo Karawaci Tbk unit's 278 trillion-rupiah Meikarta mixed-use property project, the Nikkei Asian Review reported.

The four Lippo-affiliated individuals, including Lippo Group operational director Billy Sindoro, are among nine people arrested by the anti-corruption agency. The remaining five are officials from the Bekasi district, where the project is being constructed by Lippo Karawaci subsidiary PT Lippo Cikarang Tbk.

The agency alleges that the people affiliated with Lippo Group pledged 13 billion rupiah in bribes to Bekasi officials in exchange for property and other permits.

Lippo Group Deputy Chairman James Riady said in May that the Meikarta project would encompass at least 2,200 hectares and include 100 skyscrapers.

The news agency could not obtain a comment from Lippo Group representatives on the matter.

As of Oct. 15, US$1 was equivalent to 15,205.00 rupiah.