Financial Relations between Central and Regional Governments
In the first week of this month, the Government and the House of Representatives agreed to ratify the Bill on Financial Relations between the Central and Regional Governments (HKPD) into a Law with a transition period of at least five years. The new Law made many changes, one of which is imposing levies on the palm oil sector.
Yudi Widiana Adia and Money Laundering
The Trans-Seram case ensnared dozens of individuals, including politicians from five different political parties. The last suspect was convicted in 2020. Yudi Widiana Adia (PKS), the last politician involved in the Trans-Seram corruption case, was found guilty in 2018. After nearly four years of investigation, Yudi faces a new trial as a money laundering defendant.
More on the Corruption in Kuansing
Over two months ago the Corruption Eradication Commission (KPK) arrested several parties, including the Regent of Kuantan Singingi (Kuansing) Andi Putra following a sting operation in Riau. The Regent is the sixth regional leader the KPK has arrested in 2021 and yet another Golkar politician embroiled in corruption. Note that the former Regent of Kuansing Mursini (PPP) was detained by the High Prosecutors Office (Kejati) on suspicion of corruption.
Tutut Soeharto v. Marga Nurindo Bhakti et al
It has been almost six years since we last heard of PT Marga Nurindo Bhakti (Marga Nurindo). The company, which is closely related to President Soeharto’s family, once had a dispute with the Government regarding the right to manage the Outer Ring Road South Section (Pondok Pinang-Jagorawi) (JORR-S Toll Road). The Company is in dispute again, but this time with its own shareholders. In early December 2021, the South Jakarta District Court registered two lawsuits filed by PT Citra Lamtoro Gung Persada (Citra Lamtoro) represented by Siti Hardiyanti Hastuti (Tutut Suharto). The first lawsuit was examined earlier this week.
2022 Outlook: Business Competition
The Business Competition Supervisory Commission (KPPU)’s performance in 2021 is better when compared to its performance before the pandemic. The KPPU will this year with various achievements. This year is also the second year since KPPU has started to award Ministries and Provincial Governments with the best performance in implementing competition policies and Micro, Small, and Medium Enterprise (UMKM) Partnerships.
The BLBI Scandal: Auction
The Satgas BLBI (Satuan Tugas Penanganan Hak Tagih Negara Dana Bantuan Likuiditas Bank Indonesia) has stepped up pressure. The task force formed by Minister of Finance Sri Mulyani Indrawati to recover funds from some businessmen connected to the 1997-1998 financial crisis have been publishing summons through mass media outlets and reclaiming assets controlled by other unrelated parties. This week, a new chapter began. The confiscated assets related to PT Timor Putra Nasional (PT TPN) and Tommy Soeharto have been listed for auction in early 2022.
Ministry of Tourism v. Grahalintas Properti
Last week, the Central Jakarta District Court registered an interesting lawsuit. The tort lawsuit was filed by the Ministry of Tourism and Creative Economy or the Head of the Tourism and Creative Economy Agency Sandiaga Salahuddin Uno against a company whose name is familiar, PT Grahalintas Properti with relation to Samin Tan. We later learned that the dispute that led to this lawsuit was also mentioned in the Company’s debt restructuring process five years ago.
PT Gandaerah Hendana Declared Guilty of Forest Fire
The Court is of the opinion that PT Gandaerah Hendana (PT GH) had failed to anticipate and resolve the fires in its concession and thus contributed to the 2019 forest fires. PT GH was finally found guilty. The Panel of Judges gave the Government a warning with its decision.
Questioning the Judgment on RJ Lino
Richard Joost (RJ) Lino, the former CEO of state-owned port management company PT Pelabuhan Indonesia II (Persero) (Pelindo II) was found guilty. Nevertheless, the court proceedings raised a lot of questions, especially because the presiding judge provided a...
New Suspects in the Land Mafia Case
The land dispute case in East Jakarta, which was later dubbed as the land mafia case, remains convoluted even after the trials in the district court ended. The alleged key perpetrator in the case, one Benny Simon Tabalujan, is still on the run. Recent development adds...