Update on Patrice Rio Capella’s Case

Dec 8, 2015 | Law, News Group, Politics

The Public Prosecutor (JPU) of the Corruption Eradication Commission (KPK) finally read the charges against the former Secretary General of the National Democratic Party (Nasdem) Patrice Rio Capella. If proven guilty, Patrice could be sentenced to 2 years in prison...

CR Aroma Ltd to Acquire Sariwangi

Dec 8, 2015 | Industries, Law, News Group

The process of acquisition of the legendary tea company PT Sariwangi Agricultural Estate Agency (Sariwangi) by the Hong Kong-based CR Aroma Ltd is reportedly in the stage of finalization of licensing in the Investment Coordinating Board (BKPM). Provided that there are...

Bukit Darmo v. Wijaya Karya

Dec 7, 2015 | Law

PT Bukit Darmo Property Tbk (BKDP) is reportedly suing a number of arbiters of the Arbiter Assembly of the Indonesian National Arbitration Board (BANI), who examined the case BKDP filed against PT Wijaya Karya (Persero) Tbk (WIKA). The arbiters question allegedly...

The Seventh Economic Policy Package (Part II)

Dec 7, 2015 | Law

The Seventh Economic Policy Package (the Seventh Package) contains policies that would benefit labor-intensive businesses and informal trade. Let’s take a look at the regulatory side of these new policies. The Government will relax the provision of Art. 21 of...

The Ministry of Energy and Mineral Resources & the Economic Policy Package

Dec 4, 2015 | Law, Politics

Of the six economic policy packages that the Government of Indonesia have announced, the deregulation program assigned to the Ministry of Energy and Mineral Resources (Kemen-ESDM) is among the most diverse in nature. The Kemen-ESDM received assignments in three policy...

The Verdict for Syamsir Yusfan

Dec 4, 2015 | Law

On December 3, 2015, the Corruption Court of the Central Jakarta District Court found the Registrar of the Medan State Administrative Court (PTUN) Syamsir Yusfan guilty and sentenced him to three years imprisonment. The penalty given to Syamsir is lighter than...

Day 2 of Novanto Hearing: Counting Days

Dec 3, 2015 | Law, Politics

Maroef Sjamsoeddin, CEO of Freeport Indonesia, appeared before the Ethics Council of the House of Representatives (MKD DPR) Thursday (Dec 3). His testimony gears up political manoeuvres to unseat House Speaker Setya Novanto. Maroef shared public opinion that Novanto...

Updates on the National Legislation Program (Part II)

Dec 3, 2015 | Law, Politics

On November 30, 2015 the Government and the House Commission XI of the House of Representatives (DPR) agreed to start their discussion on the Financial System Safety Net Bill (RUU JPSK). The Government had identified 409 points as a part of the List of Problems (DIM)....

The Bank DKI Case

Dec 3, 2015 | Industries, Law, News Group

Eight months have passed since the High Prosecutor of Jakarta (Kejati Jakarta) began the investigation into the Rp230 billion credit facility Bank DKI gave to PT Likotama Harum and PT Mangkubuana Hutama Jaya. On December 2, 2015, the Kejati Jakarta finally named 3...

Time to Arrest Mohammad Reza Chalid?

Dec 2, 2015 | Law, Politics

After a heated debate, Ethics Council has finally aired full conversation between Setya Novanto (House Speaker), Mohammad Reza Chalid (oil trader), and Maroef Sjamsoeddin (CEO of Freeport Indonesia) Wednesday night despite opposition from members of Golkar Party and...