Mar 4, 2016 | Law, Politics
A year has passed since the Attorney General’s Office (AGO) began investigating the fraudulent tax restitution case of PT Mobile-8 Telecom Tbk (Mobile-8)—a case that happened when the company was still under PT Global Mediacom Tbk (BMTR), a subsidiary of PT...
Mar 4, 2016 | Industries, Law, Market, News Group
The investigation into alleged corruption in the implementation of the cooperation contract between PT Hotel Indonesia Natour (HIN), PT Citra Karya Bumi Indah (CKBI), and PT Cipta Karya Bersama (or PT Grand Indonesia) continues. As of last week, the Attorney...
Mar 2, 2016 | Law, Politics
The Corruption Court in Bandung acquitted the former Head of the General Division of PT Bank Pembangunan Daerah Jawa Barat and Banten Tbk (BJBR) Wawan Indrawan, the main suspect in the fraudulent procurement of office space in the T-Tower building. On March 1, 2016...
Mar 1, 2016 | Commodities, Law, Politics
Kutilang Paksi Mas has submitted their peace proposal to escape bankruptcy filed by two of its creditors, namely HSBC Indonesia and Citibank NA. The case is interesting for lots of reasons, including politics and policy making in energy sector, and efforts from energy...