Update on the Corruption in Banjarnegara
In August 2021, the Corruption Eradication Commission (KPK) announced the Banjarnegara Regent as a suspect of corruption. The revelation made headlines because the Regent, Budhi Sarwono, strongly denied all allegations. The trial started in January 2022 and recently a witness confirmed the KPK’s allegations that the Regent received a sum of money in exchange for granting construction projects.
Revisiting the Dispute in Kawasan Berikat Nusantara: Peace?
The dispute in Kawasan Berikat Nusantara (KBN) has stretched for years. The agreement between State-Owned KBN and PT Karya Teknik Utama (PT KTU) was the root of the problem. As soon as the cooperation was agreed, the two parties got involved in a nasty conflict which resulted in many police reports and lawsuits in court. The last time we reported on this dispute was two years ago. We thought that not much could be done because even the President’s orders seemed unable to reconcile the two parties. Last week, the Attorney General’s Office (AGO) surprisingly announced that it had successfully facilitated a mediation between the two parties.
On Media Group v. China Sonangol: Development and A New Problem
The dispute between PT Media Property Indonesia (PT MPI, a part of Surya Paloh Media Group), and PT China Sonangol Media Investment (PT CSMI) and its holding CS Real Estate Pte Ltd was over. After years of uncertainty, PT MPI announced that the Media Group had owned all shares of PT CSMI as of December 2021. So PT CSMI changed its name to PT Surya Indonesia Satu Properti (PT SISP). Nevertheless, a day before Media Group made the announcement, the Commercial Court of the Central Jakarta District Court registered a lawsuit filed by one of PT SISP’s creditors, seeking to cancel the peace agreement from the PKPU result promulgated last year.
Update on Garuda Indonesia’s PKPU
PT Garuda Indonesia received a time extension for its Suspension of Debts Payment (PKPU) period. The Company presented its latest peace proposal draft earlier this week and has another 60 days to convince its creditors.
Peace for Tridomain
Producer of industrial chemical raw material PT Tridomain Performance Materials Tbk (TDPM) had a challenging year and finally faced a default on MTN with a principal value of more than Rp400 billion. In the past two years, the Company has faced four lawsuits for Suspension of Debt Payment Obligations (PKPU), and the Commercial Court granted the last lawsuit at the Central Jakarta District Court. Tridomain started drafting a peace proposal for its creditors in December 2021. The last time we reported on the process, several creditors had voiced plans to report a criminal action. Fortunately, within a tight schedule, the PKPU was peacefully resolved earlier this week.
Sinar Kalbar’s Case: Suparno Adijanto’s Right of Reply
One month ago, we reported a dispute between PT Sinar Kalbar Raya and the Ministry of Environment and Forestry. We tried to trace the parties behind the Company often mentioned in connection with the group of companies founded by Adijanto Priosoetanto. This week, Suparno Adijanto, through his legal counsel, Freddy Karyadi of Ali Budiardjo, Nugroho, Reksodiputro (ABNR) Counselors at Law, conveyed his Right of Reply on the content of the said article.
Corruption in Tulungagung: A New Suspect
Nearly four years ago the Corruption Eradication Commission (KPK) conducted a double sting operation in East Java. The Regent of Tulungagung Syahri Mulyo and the Mayor of Blitar Samanhudi were arrested. Both are PDI-P politicians. The investigation into the case in Tulungagung continued after the KPK named Supriyono, the chair of the Tulungagung DPRD, a suspect. After several months of trial, Supriyono was found guilty on Aug. 5, 2020. At the time, we expected the KPK to continue investigating as there were allegations involving other influential people. The KPK continued its investigation and recently announced a new suspect. The new suspect comes from the private sector.
On the ASABRI Scandal: Teddy Tjokrosapoetro
The trial of the remaining suspects involved in the PT Asuransi Sosial Angkatan Bersenjata Republik Indonesia (Persero) (familiarly known as PT ASABRI) corruption scandal will continue soon. Recently, the prosecutors expedited the docket of suspect Teddy Tjokrosapoetro.
On Corruption in Musi Banyuasin
The disgraced Regent of Musi Banyuasin, Dodi Reza Alex Noerdin, who was named a suspect for allegedly receiving grafts, will face his trial soon. The two other suspects (Dodi’s subordinates) will also face their trial at around the same time.
Ibnu Widoyo v. Haw Par Brothers
The Central Jakarta District Court registered a noteworthy petition recently. The petition was submitted to seek the court’s determination on a company we haven’t heard of in a long time: Haw Par Brothers (Private) Limited. The Company known as the maker of the legendary Tiger Balm has changed ownership. It changed names many times. The Company was the forerunner of Haw Par Corporation Limited. The party requesting the court order, KHP Ibnu Widoyo, is none other than the younger brother of RA Siti Hartinah (Ibu Tien), the late wife of the late President Soeharto.