Victoria Securities v. Adistra Utama: Updates

Aug 24, 2015 | Law

The case of alleged corruption related to the Indonesian Bank Restructuring Agency’s (BPPN) sale of right to collect debt (cessie) implicating PT Victoria Securities and PT Adistra Utama has just gotten more complex. The Attorney General’s Office (AGO), who had...

Certainty for Jero Wacik

Aug 24, 2015 | Law

Jero Wacik seems to be a very patient man. He’s been named a suspect in two different corruption investigations since 2014, and has been under the detention of the Corruption Eradication Commission (KPK) since May 5, 2015. In early August 2015, the KPK summoned Jero...

KPK v. Hadi Poernomo: The Finish Line?

Aug 24, 2015 | Law

On August 19, 2015 the South Jakarta District Court held the trial addressing the Corruption Eradication Commission’s (KPK) request for a reconsideration (PK) of the verdict on Hadi Poernomo’s pre-trial. The trial, however, was postponed until August 27, 2015. Hadi...

The Troubled AAA Securities

Aug 20, 2015 | Law, Market

PT Inti Kapital Sekuritas (Inti Kapital), formerly known as PT Andalan Artha Advisido Securities (AAA), has been declared bankrupt since June 29, 2015. However, the post-bankruptcy problems yet to go away. In addition to the debate on the odd bankruptcy proceedings,...

KPK Leadership Selection: Crucial Days

Aug 19, 2015 | Law, Politics

It is only a few days before the selection committee established by the government will undergo the final selection process of 19 candidates of the Corruption Eradication Commission’s (KPK) commissioners from Aug. 24 to Aug. 26, 2015. The selection committee will hold...

Legislative Journal: PERMA No. 2/2015

Aug 19, 2015 | Law

After being held up for two years, the Supreme Court (MA) has finally issued the Regulation of MA (Perma) No. 2/2015 on Procedures for Simple Claims Settlement with small claim court mechanisms. Perma No. 2/2015 specializes in the rule of inspection in the trial of a...

Questioning MA’s Judicial Review Authority

Aug 19, 2015 | Law

The Constitutional Court (MK) has on August 18 held the inaugural hearing session of the judicial review of Law No. 3/2009 on the Supreme Court filed by the Forum of Justice and Constitutional Studies (FKHK). The judicial review was proposed to question the judicial...

On the Importation of Salt & The Cartel

Aug 18, 2015 | Law, Reviews

The Tanjung Priok Port corruption case implicating high-ranking officers at ministry of trade might be the tip of an iceberg. The Ministry of Marine and and Fisheries is reportedly establishing communication with the Business Competition Supervisory Commission (KPPU)...

The National Board of Revenue: IRS Plus?

Aug 18, 2015 | Law, Reviews

The Government has finally started to take concrete steps for the creation of our version of IRS after discussing the institutional reforms in the tax sector for a very long time. President Joko “Jokowi” Widodo said he has issued a Presidential Mandate...

Questioning PP No. 43/2015

Aug 14, 2015 | Law

The Government Regulation (PP) No. 43/2015 on the Reporting Parties In the Prevention and Eradication of Money Laundering is being challenged with a judicial review at the Supreme Court (MA) by an advocate named Ferdian Sutanto. The promulgation of this PP is...