JAKARTA (Reuters) – Indonesia is preparing about 8 trillion rupiah ($487.21 million) of capital injection for the new state firm Agrinas Palma Nusantara, senior finance ministry official Rionald Silaban said on Tuesday.
Agrinas, a state firm previously involved in construction that was converted into a palm oil company this year, will manage palm oil plantations confiscated as part of an ongoing corruption probe.
(Reporting by Stefanno Sulaiman; Editing by Martin Petty)
