The New Pangkoopsus

The Commander of the Indonesian Military (TNI) Air Chief Marshall Hadi Tjahjanto has made the former Vice General Commander of the Army’s Special Forces Kopassus Maj. Gen. Richard TH Tampubolon the new commander of the TNI’s Special Operations Command (Koopsus)....

Revisiting the Joker: Reconsideration Confusion

On July 27, 2020, the South Jakarta District Court was supposed to continue the trial on Joko Tjandra’s Reconsideration petition. Nevertheless, Joko was again absent for the fourth time. It was unacceptable. So the Reconsideration petition should be rejected....

Revisiting the Joker: Papua New Guinea

The trial to examine the petition for Reconsideration (PK) submitted by fugitive Joko Tjandra was supposed to proceed yesterday after being postponed twice. Nevertheless, the trial had to be postponed once more because Joko was not present. Apart from the trial...

Revisiting the Joker: Legal Issues (4)

The Chief of the National Police (Kapolri) dismissed the Head of the Civil Servant Investigation and Coordination Bureau (Rokorwas PPNS) of the National Police’s Criminal Investigation Unit (Bareskrim Polri) Brigadier General (Pol) Prasetijo Utomo from his...

Revisiting the Joker: Legal Issues (3)

On July 15, 2020, the Head of the Civil Servant Investigation and Coordination Bureau (Rokorwas PPNS) at the National Police’s Criminal Investigation Unit (Bareskrim Polri) Brigadier General (Pol) Prasetijo Utomo was removed from his position. He’s the one...

Dr Tahir and the troubled Mayapada Bank (3)

KB Kookmin (South Korea) almost certain will become new controlling shareholder of the troubled Bank Bukopin (BBKP), replacing Aksa Family (Bosowa Group), with the bank’s disclosure on Tuesday to issue 22.24 billion new shares without preemptive rights (PMTHMETD). It...

Dr Tahir and the troubled Mayapada Bank (2)

Decisions from the Financial Services Authority (OJK) allowing SMBC to control Bank BTPN and The Bangkok Bank to control Bank Permata with more than 40% shares have set the tone. Kookmin Bank (South Korea) is now looking for majority control over Bank Bukopin, while...

Dr Tahir and the troubled Mayapada Bank (1)

Bank Mayapada (MAYA), controlled by Dr Tahir, who is also member of advisory council for President Joko ‘Jokowi’ Widodo, was among the fastest growing bank with total assets of Rp93.4 trillion by Dec 31, 2019. We had several times wondered how the bank, which survived...

Revisiting the Joker: Political Connections

The fugitive Djoko Soegiarto Tjandra, a.k.a Joko Soegiarto Tjandra, colloquially known as the Joker, has been a hot topic for the past few days. Many wonder how Djoko could freely return to Indonesia, officially renew his electronic identification card (E-KTP), and...

Joko Tjandra & Mulia Group

Joko Soegiarto Tjandra, otherwise known as Djoko Tjandra, was convicted in the Bank Bali cessie case and is an international fugitive. Joko only has to stay in prison for two years and only has to pay a fine of Rp15 million subsidiary three months in prison. In...
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