The Ministry of Finance continues expanding the tax base by appointing new collectors of Value Added Tax (VAT/PPN) for digital products in trading through the electronic system (PMSE). The number of collectors continues to increase. When we report on the progress in February 2022, there are already 98 companies with the same set of responsibilities. By July 2022, the are 119 companies on the list. Two years after the policy was implemented, the Government has received more than Rp7 trillion tax value.

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, faces a new obstacle. Earlier this week a lawsuit was registered to the Jakarta State Administrative Court (PTUN Jakarta) by an unknown company, PT Mahkotaberlian Cemerlang. The company demanded the Satgas to pay Rp400 billion in compensation but without clear explanation. It took us some time to figure out the background to this lawsuit, but there are some interesting possibilities to consider.

Fahmi Idris, a 1966 exponent who later became a conglomerate as well as a politician from the Golkar Party, recently died. During his lifetime there was not much news about his family life, but recently, a lawsuit was filed to the South Jakarta District Court by his second daughter, businesswoman Fahrina Fahmi Idris. The lawsuit indirectly raised various issues in the family. In the lawsuit, Fahrina named her ex-husband, politician Peompida Hidayatulloh, as one of the defendant. Listed as one of the co-defendants is Fahrina’s sister, Senator Fahira Idris.

Problems related to PT Titan Infra Energy (PT TIE) and its group of companies began to appear two years ago, but not much has been highlighted so the problem has simply evaporated. It was only this year that the public learned that the problems the company was experiencing were too big. Recently, Bank Mandiri, which represents several banks, has publicly asked Titan Group to pay its loan obligations of US$450 million or equivalent to more than Rp6 trillion.

PT Waskita Beton Precast Tbk (WSBP) faced several different lawsuits of Suspension of Debt Payment (PKPU) at the Commercial Court at the Central Jakarta District Court within the past two years. The last lawsuit was granted and the company was ordered to restructure its debts. In the midst of the process, the Attorney General’s Office (AGO) announced investigation into alleged corruption in the company. Towards the end of last week, the PKPU was resolved in peace, but the criminal investigation continues.

Apart from the lawsuits examined by the Surabaya District Court, PT Aneka Tambang Tbk (ANTM) has also been in the spotlight for the past two years after allegations of corruption began to be investigated by the Corruption Eradication Commission (KPK) and the Attorney General’s Office (AGO) . To add to the burden, the company at the center of the alleged corruption has recently sued ANTM. The trial is still ongoing.

The ill-fated relation began in 2018, when Budi intended to buy gold at BELM Surabaya after hearing of a discount price. When he was going to make a transaction, Budi said he communicated with Eksi, BELM’s marketing staff. Budi admits that he knows Endang and Misdianto from Eksi. A discount that was lower than the market price was discovered in a meeting attended by Endang and Misdianto.

Over a year ago we reported that the Panel of Judges of the Surabaya District Court granted the tort lawsuit filed by one Budi Said against PT Aneka Tambang (Persero) Tbk (ANTM). ANTM was ordered to compensate for the losses Budi claimed (Rp817.4 billion). Several months later the decision was annulled by the High Court, but recently we learned that the Supreme Court had decided in favor of Budi. There has been no official information from the parties, but we know that this case is only one of several legal cases that haunts ANTM, including allegation of corruption. In this first part, let’s look at the case registered by Budi Said.

The commotion caused by Holywings’ controversial promotion has been going on for almost two weeks. This caused a lot of collateral damages and now boils down to one thing: what is the current status of discussion on the Bills on the Prohibition of Alcoholic Beverages?

The Voluntary Disclosure Program (PPS), dubbed as the second volume of Tax Amnesty, officially ends on June 30, 2022. Its achievements cannot be compared with the implementation of the Tax Amnesty program in 2016, but now the Ministry of Finance has more data with more important value. In the future, what will the Ministry of Finance pay attention to?