Dispute on the Westin Ubud and the Fall of Fikasa Group (1)

The Salim siblings, children of the late Kayo Salim (patron of Fikasa Group), have been found guilty by the Pekanbaru District Court for being proven guilty of investment fraud earlier this year. Assets related to the convicts were also confiscated by the local Prosecutors’ Office, including The Westin Resort & Spa Ubud, which located in Bali.

Djajusman Surjowijono v. Onix Capital 

Djajusman Surjowijono, businessman who once led Gudang Garam, recently filed a tort lawsuit against another company he once led, i.e., PT Onix Capital Tbk (OCAP). In the lawsuit, Djajusman asked for compensation of more than Rp3 trillion.

Land mafia

Hadi Tjahjanto, the newly appointed minister of agrarian reform and national land agency head (BPN), has dismissed BPN officers for their involvement with the so-called land mafia. This is a follow-up to the national police’s decision to name 30 suspects in the new land mafia case.

Jiwasraya’s Collateral Damage

It has been a while since the Panel of Judges of the Corruption Court of the Central Jakarta District Court sentenced Benny Tjokrosaputro and Heru Hidayat to life imprisonment. They are also obliged to return State losses incurred because of their involvement in the corruption in PT Asuransi Jiwasraya (Persero). But the drama is not over since the Jiwasraya case has many collateral damages. The Attorney General’s Office (AGO) suspended many bank accounts associated by other parties and auctioned assets which is believed to be the result of the crimes, even though it is registered using the name of another party. Not long ago, the AGO’s actions resulted in a new lawsuit from one Utomo Pusposuharto. In court files, Utomo is mentioned repeatedly as a nominee for Heru Hidayat.

The Miserable KIBIF

Frozen food producer, PT Estika Tata Tiara Tbk (BEEF), who does business with the KIBIF brand, received a disclaimer on its 2021 financial statements after recording a loss equivalent to 93 percent of its paid-in capital. The company went on an IPO in 2019, the worst time to expand its business, as less than a year later, the COVID-19 pandemic hit.Two years later, there’s not much the company can do. This week, KIBIF finally had to face a Suspension of Debt Payment (PKPU) lawsuit.

Sexual Violence at Pesantren

The sexual violence that occurred at the Pesantren Shiddiqiyah, an Islamic boarding school in Ploso, Jombang, East Java, is another case that has drawn a lot of attention in the past few days. It is a case the Police should take a good care of in order to keep the public’s trust. Perhaps, it’s a momentum for President Joko “Jokowi” Widodo administration to push for the reform in education institution, including pesantren.

Another corruption case for Karen?

Karen Agustiawan, who was accused of corruption related to the purchase of shares of Australia-based ROC Oil Company Limited while serving as president director of PT Pertamina (Persero), is banned from overseas travel from the period of June-December 2022 upon the request from the Corruption Eradication Commission (KPK). 

CBMF v. Bank BCA

Furniture company PT Cahaya Bintang Medan Tbk (CBMF) recently filed a lawsuit against PT Bank Central Asia Tbk (BBCA), the largest company listed on the Indonesia Stock Exchange (IDX) by market capitalization, and the Medan City State Property and Auction Service Office (KPKNL) regarding the auction of the company’s guarantee. The root of the problem is a loan facility provided by BBCA worth more than Rp70 billion.

Anies Baswedan Antics on Minimum Wages 

Anies Baswedan, who could become governor of Jakarta after leading a campaign period that was full of identity politics, created yet another problem. Since his inauguration, his policies have often been made in favor of the beneficiary party. Towards the end of last year, for example, Anies tried to please the labor group and increase the Provincial Minimum Wage (UMP) as they demanded. We understand the good intention, but we’re not surprised to see that this decision backfired. Because it was made in an obvious violation of a number of regulations and without permission from the Ministry of Manpower, Anies’ decision was challenged in the Jakarta State Administrative Court (PTUN Jakarta) a month later. On July 12, 2022, as expected, the decision was overturned. However, the cancellation leaves problems for companies that have already followed the wrong decision.

Delfi Trademark Lawsuit

Switzerland-based Delfi Chocolate Manufacturing SA sued the Trademark Appeals Commission of the Directorate General of Intellectual Property at the Ministry of Law and Human Rights last week. The lawsuit was registered after the Delfi Chacha trademark registration was rejected. This news is certainly surprising because anyone in Indonesia has grown up with Chacha’s chocolate treats, so how can Delfi’s registration be rejected?

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