Day: February 23, 2024

The New Opposition in the Making?

Three political parties that were supporting Anies Baswedan-Muhaimin Iskandar in the 2024 presidential election are ready to join forces with the ruling party PDIP, the leader of a coalition of political parties that were endorsing Ganjar Pranowo-Mahfud MD, in pushing the House of Representatives (DPR) to use its right of inquiry (Hak Angket) for investigating election fraud allegations. Will these parties join forces and become the new opposition? Will it really happen?

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Ticket Splitting: Prabowo & Gerindra

The real count conducted by the General Election Commission (KPU) as per this morning (Feb. 23) with 62.09 percent of data collected shows Gerindra, a political party led by Prabowo Subianto, at the third position with 13.42 percent of votes, far below the votes that Prabowo secured in the 2024 presidential election. One wonders why the split ticket between Prabowo and Gerindra is so big.

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Satgas BLBI and the New Coordinating Minister

Hadi Tjahjanto, the former TNI Commander who previously served as Minister of Agrarian Affairs and Spatial Planning (Head of the National Land Agency), was officially appointed as the Coordinating Minister for Politics, Law and Security this week in place of Mahfud MD who decided to resign from his position to participate in the 2024 election. Hadi, as we all know, is one of the people who is loyal to President Jokowi. Their relationship can be traced back to when the President was still serving as Mayor of Solo. Immediately after being appointed, Hadi met his predecessor, Mahfud MD, and discussed their unfinished homework, one of which was completing the tasks of the Satgas BLBI.

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Latest on the IPDN Case

Dudy Jocom, the mastermind behind the case of corruption in the procurement for the construction of the Institute of Public Administration’s (IPDN) faculty building located in West Sumatera, had been found guilty in the first case several years ago. The Corruption Eradication Commission (KPK), however, alleged that the crime did not only occur in one region. As a result of the development of investigation, a second case was announced towards the end of 2021. Dudy stands trial for the second time towards the end of 2023. This week, the prosecutors once again read their demands. If found guilty again, Dudy will have to serve longer time in prison.

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Link Net Turns Into Loss

Shares of fixed broadband operator Link Net (LINK), subsidiary of XL Axiata (EXCL), gained 1.9% to Rp1.070 on Thursday (February 22), to make market capitalization of Rp3.06 trillion. The stock, however, has fallen 19% so far this year, as investors were not happy with LINK’s earnings development.

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