Category: Law

PKPU Journal: IBFN and Mimikids Garmindo

Financing firm PT Intan Baruprana Finance Tbk (IBFN) entered their period of Suspension of Debts Payment (PKPU) back in October 2017. They earned an extension but it’s most likely its last chance. A Bandung-based textile company PT Mimikids Garmindo also entered their PKPU last year (in November 2017). Nevertheless, PT Mimikids Garmindo and it owner/personal guarantor still deny the information on their debts, and they questioned the decision of the Panel of Judges.

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Ongoing Examinations in the KPPU

The Business Competition Supervisory Commission (KPPU) has reportedly escalated the status of examination of alleged violations in the provision of under water services for Kepodang and Ketapang Field. So far, according to the KPPU, there was evidence that parties in the project were involved in a conspiracy. In addition to this case, the KPPU is also examining several other cases.

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More on Corruption in North Sumatera

The Corruption Eradication Commission (KPK) recently told the press that they’re developing an investigation related to bribery in North Sumatera. This was surprising. We thought that the KPK had finished their investigation after convicting the disgraced governor Gatot Pujo Nugroho and his ilk for bribery last year. Who are they after now?

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Directorate General of Sea Transportation Graft Case: Indictment and Verdict

The former Director General of Sea Transportation Antonius Tonny Budiono was caught back in August 2017 after receiving bribe from the Commissioner of PT Adhiguna Keruktama (AGK) Adiputra Kurniawan. His trial began on January 18, 2018. The public prosecutors read the details of the crime Tonny allegedly committed. On the same day, in a separate hearing, the Panel of Judges sentenced Adiputra to 4 years imprisonment.

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Sandi Uno and the Japirex Case

Sandiaga Salahuddin Uno has long been dragged into PT Japirex’s woes. One John Nainggolan filed a civil lawsuit against Sandiaga and his business partner Andreas Tjahyadi in the South Jakarta District Court on September 8, 2017. Sandiaga and Andreas allegedly falsified documents in order to control the shares of PT Japirex. In the second week of March 2017, Sandiaga Uno and Andreas Tjahyadi (who is now listed as the Commissioner of PT Mitra Investindo Tbk (MITI)) were both reported to the police on a matter concerning a plot of land. What’s the status of this investigation now?

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Investigation into the Collapse of the IDX Mezzanine Floor

On January 15, 2018, the mezzanine floor of the Indonesia Stock Exchange’s Tower II building collapsed, injuring over 70 people, most of them are students from South Sumatera who were visiting the site. The police has mentioned the possibility of conducting a criminal investigation, pending a report from the Forensic Laboratory Center (Puslabfor). If that’s where this is going towards, who should be held accountable, the construction company, the manager of the building, or the owner of the building?

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Matahari v. Pasaraya: The Trials

On September last year, PT Matahari Department Store Tbk (LPPF), a retail giant controlled by the Lippo Group, announced the closure of their outlets at Pasaraya Blok M and Pasaraya Indonesia (previously Pasaraya Manggarai) belonging to PT Pasaraya Tosersajaya, a mall developer owned by businessman and politician Abdul Latief. In the same month, LPPF filed a default lawsuit against Pasaraya. Later in December 2017, Pasaraya filed their own default lawsuit against LPPF. The trial on LPPF’s lawsuit entered the stage of verification of evidence, while the trial on Pasaraya’s lawsuit began on January 17, 2018. On the same day, LPPF published an information disclosure in the official website of the Indonesia Stock Exchange.

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The Chief of the Constitutional Court Found Guilty of Code of Ethics Violation

The Chief of the Constitutional Court Justice Arief Hidayat was supposed to end his term in April 2018, but in November 2017, the House of Representatives conducted a fit and proper test and decided to extend his term to 2023. Several parties objected to the decision. Desmond Mahesa of Gerindra even accused Justice Arief of negotiating for extension of term in exchange for voting favors. Last week, the Constitutional Court’s Board of Ethics found Arief guilty of a minor violation and he was thus given an oral sanction.

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KPK Going After Money Laundering

The Corruption Eradication Commission (KPK) is increasingly going after money laundering in graft cases. The KPK recently named the disgraced Regent of Kutai Kartanegara Rita Widyasari and the Regent of Nganjuk Taufiqurrahman as suspects of money laundering separate from their graft case.

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Yet Another Rice Import Scandal

Importing rice has always been treated as a faux pas in Indonesia. This is why the news outlet made a big deal when they found out that the Ministry of Trade had imported 500 thousand tons of rice for the month of December. The Ministry of Trade officiated this move with a Minister Regulation that we couldn’t find in the Ministry’s web database.

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One Asia Resources v. Former Managing Director

Several years have passed since the dispute between one Asia Resources Limited and the Dharma Tani Marisa Village Cooperative Union (KUD) in Gorontalo over the management of Pani gold exploration project came to surface, but the dispute continues. On January 8, 2018, the South Jakarta District Court registered a case on the alleged violation of the Law on Electronic Information committed by One Asia’s former Managing Director Stephen Walters.

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On the E-KTP Graft Case: Money Trails

The trial of Setya Novanto, the latest defendant in the electronic identity cards (E-KTP) graft case, continues. Last week, the corruption court heard the accounts of several witnesses, two of which gave accounts of the money trail.

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