Category: Law

PKPU for Indosterling Sarana Investa

Last week, the Commercial Court at the Central Jakarta District Court recorded the registration of a lawsuit for Suspension of Debt Payment (PKPU) against PT Indosterling Sarana Investa (PT ISI) and one Sean William Henley. Sean William is the beneficial owner of Indosterling Group and PT ISI is the controlling shareholder of PT IndoSterling Technomedia Tbk (TECH). The latest lawsuit is reminiscent of the problems this business group has faced in recent years.

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Latest on Corruption in the Supreme Court

The disgraced Supreme Court Justice, Sudrajad Dimyati, the first Justice ensnared by the Corruption Eradication Commission (KPK) as a result of a Sting Operation conducted last year, has been found guilty. Sudrajad was sentenced to eight years in prison for receiving petty cash although he insisted that he was framed until the end. The advocates who relay the bribes in the case had also been found guilty.

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On Denso and Sanden Case : The End?

The Business Competition Supervisory Commission (KPPU) has been examining the alleged conspiracy related to the provision of Air Conditioning Systems (AC) for cars and their component units to car manufacturers since January...

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General Moeldoko v Major Agus : New Chapter

The internal conflict that occurred within the Democratic Party is still ongoing. After going through dozens of examinations in court, the original camp led by Major (ret) Agus Harimurti Yudhoyono (AHY) is still considered legally valid. However, the camp led by General (ret) Moeldoko, who is the Chief of Staff for the Presidency, refused to give up. Two years later, it was discovered that Moeldoko had submitted a petition for Reconsideration (PK) to the Supreme Court. Will the result be in favor of Moeldoko this time?

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On the Cooking Oil Hullabaloo : The End?

In 2022, the Attorney General’s Office (AGO) announced that they had commenced investigation into allegations of corruption at the root of the problem which caused the cooking oil shortage and price surcharge. By May of the same year, the AGO had named several suspects, then the President decided to dismiss the Minister of Trade, M Lutfi, after serving for less than two years. Trial of the defendants started soon after and they were found guilty several months later. In the midst of all that, the Business Competition Supervisory Commission (KPPU) announced that it had escalated the investigation on alleged cartel-like practices in the cooking oil industry into the next phase and officially will examine 27 companies in Assembly hearings. The hearings start in October 2022 and this week, the examination stage is finally over. The KPPU decided that the allegation on cartel-like practices cannot be proven, however, seven companies were deemed responsible for the shortage and punished to pay over Rp70 billion in fines. 

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Extension of Term of Office for KPK Leaders

Nurul Ghufron, deputy chief of the Corruption Eradication Commission (KPK), submitted a judicial review in November 2022 and questioned the constitutionality of the norms in the provisions of Art. 29 letter e and the provisions of Art. 34 in Law No. 19/2019 which amended Law No. 30/2002 concerning the Corruption Eradication Commission. This provision limits the age range of the KPK leaders in the election process. Away from the scrutiny of the media, on May 25, 2023, this petition was granted by the Constitutional Court and caused quite a stir.

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Satgas BLBI Latest Summons

Satuan Tugas Penanganan Hak Tagih Negara Dana Bantuan Likuiditas Bank Indonesia (Satgas BLBI), announced two new summons this week. Similar to the other summons, names of companies being summoned are not well-known, however, the people behind the companies are the interesting part of each summon.

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Latest on Kospin Indosurya Case

Three years since the public became aware of the problems experienced by various Cooperative Unions, especially those who run businesses like banks and conduct fundraising, we know that the investigation into the Kospin...

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Soedomo Mergonoto and the Sidoarjo Graft Case

In the inquisition process related to the case of alleged graft that ensnared the disgraced Regent of Sidoarjo, Saiful Ilah (PKB), for the second time, the Corruption Eradication Commission (KPK) has examined witnesses. This week, the examination attracted attention, as it summoned two conglomerates based in East Java, one of whom was Soedomo Megonoto, patron of the Kapal Api Group.

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