The company’s President Commissioner, Iwan Setiawan Lukminto, also the founder’s son, expressed optimism that Gibran’s political journey could boost the beleaguered textile sector.

Jakarta (ANTARA) - Former president director of bankrupt textile giant PT Sri Rejeki Isman (Sritex), Iwan Setiawan Lukminto, was arrested and named a suspect in a corruption case involving illegal ...

Indonesia’s collapsed textile giant Sritex faces delisting as former executive named suspect in bank loan scandal Iwan Setiawan Lukminto is alleged to have misused bank loan facilities in a corruption ...

The Attorney General’s Office says that the arrest of Iwan Setiawan Lukminto was due to alleged irregularities related to a bank loan provided to Sritex A worker at a Sritex textile factory.

The AGO confirmed to Reuters that the arrest of Iwan Setiawan Lukminto was due to alleged irregularities related to a bank loan provided to Sritex. Local media earlier reported the loan was ...

Iwan Setiawan Lukminto was detained due to alleged irregularities related to a bank loan. About 10,000 Sritex workers faced layoffs when the company was declared bankrupt last year.

The Attorney General’s Office (AGO) has accused Iwan Setiawan Lukminto, former president director of textile giant Sritex, of misappropriating loans that led to Rp 692 billion (US$42.4 million ...

The AGO named them as Sritex former president director Iwan Setiawan Lukminto, Zainuddin Mappa, former CEO of Bank DKI , a regional bank owned by the Jakarta provincial government, and Dicky ...

The AGO confirmed to Reuters that the arrest of Mr Iwan Setiawan Lukminto was due to alleged irregularities related to a bank loan provided to Sritex.