Jan 27, 2016 | Law, News Group
The dispute concerning a breach of contract between PT Bank Syariah Mandiri (BSM) and PT Solaris Prima Energy (Solaris) continues. Both parties failed to reach an agreement at mediation. The case is now entering the stage of hearing. Solaris’ legal counsel Gita...
Jan 27, 2016 | Law, News Group
The pre-trial contest between the former President Director of PT Pelabuhan Indonesia II (Persero) (Pelindo II) Richard Joost Lino against the Corruption Eradication Commission (KPK) is over. The sole presiding judge of the trial Judge Udjiati rejected Lino’s petition...
Jan 27, 2016 | Law, Politics
The Constitutional Court (MK) has only granted 1 of the 147 post-election dispute lawsuits registered by participants of the 2015 simultaneous regional elections—the MK has rejected 134 lawsuits, and 5 lawsuits were revoked by the plaintiffs. As such, from now on to...
Jan 26, 2016 | Law, Politics
The examination of the case of alleged bribery related to the project in the Ministry of Public Works and Public Housing (Kemen-PUPR) continues. After raiding offices in the parliament building and offices in Kemen-PUPR, the Corruption Eradication Commission (KPK)...
Jan 25, 2016 | Law, News Group
Almost a year has passed since the National Police’s Criminal Investigation Unit (Bareskrim Polri) began their investigation into allegations of corruption and money laundering involving PT Trans Pacific Petrochemical Indotama (TPPI), PT Pertamina (Persero), and BP...
Jan 22, 2016 | Law, Market
PT Asmin Koalindo Tuhup (AKT), wholly-owned subsidiary of the troubled company PT Borneo Lumbung Energi & Metal (BORN), has on January 18, 2016 submitted a petition for voluntary Suspension of Obligation for Payment of Debts (PKPU) to the Commercial Court of the...
Jan 22, 2016 | Law, Market
PT Andalan Artha Advisindo Investment (AAA Investment) seems not wanting to linger on their period of Suspension of Debt Payments (PKPU). It hasn’t been a month after the company and the PKPU administrating team finished collecting the records of the total bill of...
Jan 21, 2016 | Law, News Group, Politics
The case involving the former Speaker of the Parliament Setya Novanto is not the only big scandal that the Attorney General’s Office (AGO) is handling. Another equally scandalous case is the fraudulent tax restitution of PT Mobile-8 Telecom Tbk (Mobile-8)...