Tax Amnesty Bill & Wibawa Family Dispute

Jun 13, 2016 | Law, Market

Tax Amnesty bill might be considered the most important macroeconomic story in Indonesia by some fund management companies. A decision from Singapore court judge Belinda Ang Saw Ean two weeks ago in the family dispute of Kuntjoro Wibawa vs his mother Harianty Wibawa...

Updates on the Tax Amnesty Bill

Jun 10, 2016 | Law, Politics

The fourth deliberation session of the year 2015-2016 is almost over, and yet the House of Representatives (DPR) is still struggling to perform its legislative duties. Of the dozens of bills included in the 2016 Prioritized National Legislation Program, not one bill...

Updates on the 2016 APBN-P Discussion

Jun 10, 2016 | Law, Politics

The Government submitted the Bill on the 2016 Revised State Budget (RAPBN-P 2016) to the House of Representatives on May 2, 2016, but the discussion on the Bill has only began on June 2, 2016. The process is expected to continue to July 2, 2016. The Deputy Chairman of...

Gatot Pujo Nugroho’s Graft Case: Verdict for Kamaludin Harahap

Jun 9, 2016 | Law

The trial of the 5 members of the Regional Representatives Council (DPRD) of North Sumatera, who allegedly received bribes from the disgraced Governor of North Sumatera Gatot Pujo Nugroho, has been on the way since February 2016. On June 8, 2016, the Corruption Court...

Indictment for Damayanti

Jun 9, 2016 | Law

The Commission V Lawmaker of the House of Representatives Damayanti Wisnu Putranti, who is allegedly involved in the Trans-Seram project bribery, faced her first hearing on June 8, 2016, during which the public prosecutor of the Corruption Eradication Commission (KPK)...

PKPU for Brent Ventura

Jun 8, 2016 | Law

After more than 2 years in dispute, with all attempts at debt restructuring and bankruptcy petition repeatedly rejected by the Court, on June 6, 2016 the Commercial Court of the Central Jakarta District Court (henceforth referred to as the Court) granted the request...

Updates on BUMI’s PKPU

Jun 8, 2016 | Law

PT Bumi Resources Tbk (BUMI), as we all know, is in a period of Suspension of Debts Payment (PKPU). The Company’s debt verification process has not been running as smoothly as expected. The process was once postponed to June 2, 2016, and yet it has now been...

The End of Innospec-Pertamina Scandal?

Jun 7, 2016 | Law

The bribery scandal implicating Innospec Ltd (previously known as Associated Octel Company Ltd), a subsidiary of Nasdaq-listed US Innospec Inc (Octel Corporation) and the state-owned oil & gas company PT Pertamina (Persero), has reached closure. On June 6, 2016,...

On OC Kaligis’ Case: The Court Granted KPK’s Appeal

Jun 7, 2016 | Law

The Jakarta High Court granted the Corruption Eradication Commission (KPK)’s appeal against the senior advocate Otto Cornelis (OC) Kaligis in connection with the latter’s involvement in bribing three judges and a registrar of the Medan State Administrative...

The Court Rejected Suryadharma Ali’s Appeal

Jun 6, 2016 | Law, Politics

The Jakarta High Court reportedly rejected the appeal filed by the former Minister of Religious Affairs and the PPP politician Suryadharma Ali—he was found guilty of mismanaging the organization of Hajj and abusing the Ministerial Operation Funds (DOM). The High Court...