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MAXpower CEO to step down amid corruption allegations against company

( November 1, 2016, 07:24 GMT | Insight) -- Greg Karpinski, the chief executive officer of MAXpower, an Indonesian power company at the center of a corruption scandal involving bribery of government officials, will be stepping down from his position, The Wall Street Journal reported. MAXpower is con...Greg Karpinski, the chief executive officer of MAXpower, an Indonesian power company at the center of a corruption scandal involving bribery of government officials, will be stepping down from his position, The Wall Street Journal reported. MAXpower is controlled by Standard Chartered Bank....

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