In December 2016 the Government promulgated the Government Regulation (PP) No. 72/2016 (to revise the PP No. 44/2005 on Procedure and Administration of the State Capital Investment in State-Owned Enterprises and Limited Liability Companies). The PP 72/2016 was meant to protect the Government’s plan to establish holding companies for State-Owned Enterprises (BUMN). Last Friday, a community organization represented by former Constitutional Court Justice Mahfud MD decided to challenge the regulation and filed for a Judicial Review at the Supreme Court.To subscribe please click here