The Corruption Eradication Commission (KPK) continued to investigate the bribery in the distribution of additional quota of sugar for West Sumatera; the case that brought down the former Chairman of the Regional Representatives Council (DPD) Irman Gusman. On September...
PT Bumi Resources Tbk (BUMI), which is currently in a period of Suspension of Debts Payment (PKPU), is still working towards reaching a peace agreement with its creditors. In the hearing held on September 28, 2016, the Panel of Judges of the Commercial Court of the...
The biggest worry of today is that State revenues for 2016 will fall far below the target. This worry had forced the Government to take extraordinary measures, one of which is reducing state expenditure. This austerity measures was ratified by President Joko...
Five months have passed since the Supreme Court’s Assembly of Cassation decided to decline Sutan Bhatoegana’s petition for cassation, and to instead accept the cassation filed by the prosecutor of the Corruption Eradication Commission (KPK). With the decision,...
The Cipaganti Karya Guna Persada Cooperative Union (KCKGP), which has twice avoided bankruptcy, finally has to accept its unfortunate fate. On September 28, 2016, the Panel of Judges of the Commercial Court of the Central Jakarta District Court granted the request for...
In July 2016, the Riau Regional Police (Polda Riau) decided to issue a Warrant for Termination of Investigation (SP3) to the 15 companies with plantation and forestry license that were previously thought to be the perpetrators of the 2015 forest fires. This decision...
The former member of the House Commission V of the House of Representatives Damayanti Wisnu Putranti of PDI-P, who was caught receiving bribes in the first sting operation (OTT) conducted by the Corruption Eradication Commission (KPK) in 2016, was found guilty of all...
In a move to improve on the implementation of the Tax Amnesty program, the Ministry of Finance has revised several provisions contained in the Regulation of the Minister of Finance (PMK) No. 118/PMK.03/2016. On September 23, 2016, the Ministry of Finance issued PMK...
The case of alleged corruption related to the sale of right to collect debts (cessie) of the Indonesian Bank Restructuring Agency (BPPN) involving PT Victoria Securities Indonesia (VSI) and PT Adyaesta Ciptatama (previously reported as PT Adistra Utama) has entered a...
The Supreme Court granted the Reconsideration (PK) petition filed by two of the graft convicts in the bioremediation case involving PT Chevron Pacific Indonesia (CPI). With this decision, the two convicts must be acquitted. The Attorney General’s Office (AGO) has not...
