Development on Irman Gusman’s Case

Oct 7, 2016 | Law

The Corruption Eradication Commission (KPK) have expanded their investigation into the allegations of bribery in the distribution of West Sumatera’s additional quota for sugar. The case previously brought down the Chairman of the Regional Representatives Council...

Maxpower Bribery Case (2)

Oct 6, 2016 | Law, Market

The Corruption Eradication Commission (KPK) has intensified communications with authorities in the United States of America related to investigation into bribery scandal implicating Maxpower Group Pte Ltd. Indonesian officers are accused of receiving bribery from its...

Ministry of Environment and Forestry v. National Sago Prima

Oct 6, 2016 | Law

After nearly half a year of trial, on August 11, 2016, the panel of judges of the South Jakarta District Court decided to partially grant the lawsuit filed by the Ministry of Environment and Forestry against PT National Sago Prima (NSP), subsidiary of PT Sampoerna...

Legislative Journal : Bill to Revised Law on Information and Electronic Transactions

Oct 6, 2016 | Law

The DPR will soon pass into law one of the most anticipated bills, the Bill to Revise the Law No. 8/2011 on Information and Electronic Transactions into Law. What are the changes made? What should we expect? In terms of the discussion and passage of Laws, in 2014-2015...

New Developments on Damayanti’s Case

Oct 5, 2016 | Law

The Corruption Eradication Commission (KPK) has been investigating the allegations of bribery in the Ministry of Public Works and Public Housing (Kemen-PUPR)’s Trans-Seram road project since early January 2016. The case has thus far brought down the former...

Benny Tjokro v. Goldman Sachs: Updates

Oct 5, 2016 | Law

On September 8, 2016, Benny Tjokrosaputro the founder and President Director of PT Hanson International Tbk (MYRX) filed a tort lawsuit at the South Jakarta District Court against Goldman Sachs International and two other parties related to alleged illegal sales of...

Bumi Asih Jaya Rejects Bankruptcy

Oct 4, 2016 | Law

On June 21, 2016, PT Asuransi Jiwa Bumi Asih Jaya (BAJ) decided to file for a Reconsideration (PK) on the cassation verdict that paved the way for the Financial Services Authority (OJK) to liquidate BAJ’s assets. To date, the proceeding for the PK continues, and...

Sugar Group v. Salim Group

Oct 4, 2016 | Law

PT Mekar Perkasa’s Suspension of Debts Payment (PKPU) petition against Sugar Group’s PT Sweet Indolampung was declined by the Commercial Court of the Central Jakarta District Court. The Panel of Judges insisted Salim Group’s Mekar Perkasa must be able to...

E-KTP Graft Case: New Suspect

Oct 3, 2016 | Law

Last week, the Corruption Eradication Commission (KPK) examined Muhammad Nazaruddin, graft convict and the former Treasurer of the Democratic Party for three consecutive days. Nazaruddin, who’s also a suspect in a money laundering case, was examined in connection...

Maxpower Bribery Case  

Oct 3, 2016 | Law

On September 27, 2016 the Wall Street Journal reported that the United State’s Justice Department was investigating the Standard Chartered PLC over the allegations that PT Maxpower Indonesia, a subsidiary of Standard-Chartered-controlled Maxpower Group Pte Ltd,...