The Ministry of Communication and Informatics has an institution called the Telecommunication and Information Accessibility Agency (BAKTI). Although it has a very important role for the distribution and inclusivity of telecommunication technology throughout Indonesia and for the last ten years it has managed trillions of rupiah in funds, not many know its achievements. Even in our records there are only many failed projects in the past. Several months ago, the Attorney General’s Office (AGO) finally announced that they are investigating a case of alleged corruption related to BAKTI project. Next week, the AGO said they will conducted a case reconstruction while the case allegedly caused trillions of State losses. 

Anies Baswedan ended his term in office a couple of weeks ago and Heru Budi Hartono, chief of the Presidential Secretariat and an admirable former bureaucrat of the Jakarta provincial office, was appointed as acting Jakarta governor. Anies’ departure did not attract much attention, but Heru’s appointment caused various reactions. Many are nostalgic for his achievements during the term of Basuki Tjahaja Purnama and Heru immediately proved his worth. Within a few days of taking office, Heru immediately prioritized several projects that Anies failed to complete, including continuing the Sodetan Ciliwung project which had been stalled for over six years.

PT Tehate Putra Tunggal (PT TPT), a partner of PT Perusahaan Listrik Negara (Persero) (PT PLN), and its subsidiary PT Trimaten Gemilang (Trimaten), escaped bankruptcy back in 2017, after they were able to resolve their period of Suspension of Debts Payments (PKPU) peacefully. Since then, the companies have kept a low profile and almost no activity has been reported, until this year. Several months ago a bankruptcy lawsuit was filed against the companies and its owners. The lawsuit was withdrawn, but a new lawsuit was registered recently. 

PT Amarta Karya (Persero), a State-owned construction company, is having a difficult year. Earlier this year the Corruption Eradication Commission (KPK) announced their new investigation into the case of alleged corruption in the company, while Amarta’s vendors and business partners have been trying to force the company to restructure its debts through the PKPU process. On Oct. 19, 2022, there are three new PKPU lawsuit filed against Amarta Karya.

Satuan Tugas Penanganan Hak Tagih Negara Dana Bantuan Likuiditas Bank Indonesia (BLBI), a task force under Minister of Finance Sri Mulyani Indrawati’s supervision to recover funds from some businessmen related to 1997-1998 financial crisis, continue giving pressures. The Satgas recently seized assets located in Yogyakarta and East Java. Meanwhile, the Satgas also still trying to auction problematic assets that are unlikely to attract buyers.

PT Hutama Karya (Persero) (PTHK) has received more than Rp30 trillion from the State Capital Participation (PMN) in the last two years, and in addition, the company has also been given more assets to support its balance sheet. But these many facilities have not kept Hutama Karya away from problems. The state EPC firm recorded more losses over the last two years and recently, the company was sued on allegation of default by its business partner.

The Corruption Eradication Commission (KPK) shook the nation after their third sting operation in 2022 ensnared then Regent of Langkat, Terbit Rencana Peranginangin (Golkar politician). The reason in because Terbit’s arrest reveals crimes that are more horrific than “mere” corruption. With the help and support of many people, including his own son, Terbit has consciously committed a gross violation of human rights. That said, there are two different cases revealed at around the same time. The trial of the defendants in corruption case started soon after but far from media coverage. This week, Terbit et al has been found guilty.

Back in June 2022, Vice President Real Estate of PT Summarecon Agung Tbk (SMRA), Oon Nusihono, was named a suspect after being caught in a series of sting operations carried out by the Corruption Eradication Commission (KPK). Apart from Oon, there are three other suspects, including the former Mayor of Yogyakarta, Haryadi Suyuti. Inquisition process continues since then and towards the end of July 2022, KPK named Managing Director of SMRA subsidiary as new suspect, making him the fifth suspect in the case. Haryadi stands trial this week. 

Back in 2019 the Corruption Eradication Commission (KPK) finally announced the continuation of the investigation into the case of corruption in the procurement process of the electronic identity card (E-KTP) and named four new suspects. The prolonged and half-hearted development of investigation has unfortunately lost public interest and not many care that two suspects stands trial several months ago. Far from media coverage, the defendants listen to the prosecutors demands this week.

Transportation and logistics company PT Sidomulyo Selaras Tbk (SDMU) has had a tough year. The company started 2022  facing a Suspension of Debts Payment (PKPU) lawsuit from one of its creditors. The lawsuit was later dropped, and the company underwent a management reshuffle, but the problem wasn’t over. Another creditor filed a new PKPU lawsuit. Luckily, the lawsuit was withdrawn after the court held several hearings. Now, the company is starting to set profit targets with great confidence.