Eight months ago, the Corruption Eradication Commission (KPK) conducted a Sting Operation and arrested six people on suspicion of corruption involving the Ministry of Social Affairs. The KPK named several suspects, including then Minister of Social Affairs Juliari Peter Batubara. It took the KPK four more months to complete Juliari’s docket for prosecution. The proceedings lasted for another four months. On Aug. 23, 2021, the Panel of Judges declared Juliari guilty as charged. The punishment was heavier than what the prosecutors demanded, but several of the Judges’ considerations made the public furious.

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 continues. After facing two attacks from PT MPI, this week, CS Real Estate finally faced the public through their legal counsel, the prominent advocate Otto Hasibuan and explained the situation from their position. The explanation made it clear that there was a problem from the start of the parties’ cooperation.

The Indonesian Government will inject more capital (PMN) to seven State-Owned Enterprises (BUMN) in 2022. The allocated amount is less when compared to what the House of Representatives approved in July 2021. That said, it’s important to note that no PMN for 2021 has been executed as planned.

Referring to the Financial Note document in the 2022 State Budget Draft, the Indonesian Government noted that its tax reform agenda (policy changes and incentives) could increase tax disputes. Regulatory changes generally require time for comprehension to build. In such a phase, it is common to find differences in understanding between taxpayers and tax authorities. So the Government has begun to mitigate by, among others, improving the dispute resolution mechanism.

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, has stepped up pressures. The task force, established by President Joko Widodo through President Decree No. 6/2021 issued two interesting public announcements this morning.

On Jan. 20, 2021, the Commercial Court of the Central Jakarta District Court registered a lawsuit for Suspension of Debts Payment (PKPU) against PT Bumi Hasta Mukti (PT BHM). In February 2021, the lawsuit was withdrawn. The Company faced a new PKPU lawsuit in June 2021. The examination of the lawsuit is ongoing but there’s an issue with the creditor who filed for the PKPU lawsuit. The situation is serious enough that PT BHM filed a different lawsuit on allegation of tort at the South Jakarta District Court against creditor PT Putra Sungai Bambu (PT PSB) and the Oversea-Chinese Banking Corporation Limited. In the lawsuit. PT BHM refers to PT PSB as a fake company.

Towards the end of 2020, the Corruption Eradication Commission (KPK) announced four new suspects in a graft case dubbed the Budget Mafia case. Around the same time, the KPK detained Mayor of Dumai Zulkifli Adnan (Nasdem), who was named a suspect in the case in 2019. The inquisition and prosecution processes continued far from media coverage. Four suspects were found guilty. Last week, the Panel of Judges read the verdict for the last defendant in the case: Zulkifli Adnan.

The notorious Benny Tjokrosaputro, who was convicted in the corruption case involving PT Asuransi Jiwasraya, is still fighting for his freedom. The Supreme Court is currently examining the cassation petition that Benny filed last June. The proceedings of the case leave many problems. The South Jakarta District Court registered a default lawsuit questioning part of the verdict given against Benny. This lawsuit was filed by Dicky Tjokrosaputro, Benny’s brother.

The Corruption Eradication Commission (KPK) named Samin Tan, owner of PT Borneo Lumbung Energi & Metal Tbk (formerly BORN), a suspect of bribery over two years ago. He was investigated after the KPK looked into the allegations of corruption related to the...

Over two months ago we witnessed the trial of 13 corporate suspects in the corruption case involving State-owned insurance company PT Asuransi Jiwasraya (Persero). In the evening of Aug. 16, 2021, after listening to the objections of several defendants, the Panel of Judges decided to annul the indictment of the case.