Waskita Karya controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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2023
Supply-chain-financing corruption investigation
On 27 April 2023, Indonesia's Attorney General's Office detained President Director Destiawan Soewardjono and seven other people. The cited allegations involved approval and disbursement of supply-chain-financing funds using false supporting documents and payments tied to fictitious work projects. The reported estimated loss was approximately 2.5 trillion Indonesian rupiah.
2023
Vendor payment and bond-coupon controversy
Waskita Karya was reported to have delayed payments to vendors and to have been unable to pay certain bond coupons at maturity. The issue raised concerns about the company's liquidity, debt obligations, and relationships with suppliers and creditors.