In July 2020, the Ministry of Finance decided to enforce Value-added Tax (VAT/PPN) to sales of digital products supplied by foreign businesses to Indonesian consumers. As of last week, the number of companies obliged to collect PPN has gone up to 73 companies, with...

In November 2019, Indonesian Customs officials uncovered a smuggling scandal involving executives of PT Garuda Indonesia (Persero) Tbk (GIAA). Four directors, including then-President Director Ari Askhara, were dismissed following the incident. The Directorate General...

The latest scandal in the Corruption Eradication Commission (KPK) revealed more unpleasant details. After the commotion concerning embezzlement of evidence and operational information leaks, the KPK named one of its investigators a suspect for brokering a case in Tanjungbalai, North Sumatera. Earlier this week, the Supervisory Board dishonorably discharged the investigator. The Board mentioned the parties who had supposedly provided the graft. The scheme had been running since the investigator was first appointed into the KPK in 2019. 

After years of drama, the corruption case involving the former Secretary of the Supreme Court Nurhadi has come to an end. Only one suspect remains, i.e., the person who helped Nurhadi hide from law enforcers. After several months of inquisition, on June 3, 2021, the first hearing of the suspect’s trial started. 

PT Pelangi Indah Canindo Tbk (PICO), a cylinder tank manufacturer, is experiencing many problems. In addition to the lawsuit on Suspension of Debt Payment filed in April 2021, the Company is also in dispute with one of its creditors in two different courts.

The inquisition and prosecution of the corruption case involving PT Asuransi Jiwasraya (Persero) are ongoing. Several of the people deemed as main perpetrators in the case were found guilty, but one person refuses to surrender. We all know Benny Tjokrosaputro denied his role in the case and decided to file lawsuits against the Supreme Audit Agency (BPK) and the Solicitor General. Benny has filed four lawsuits. The examination on the third lawsuit filed at the State Administrative Court (PTUN Jakarta) is ongoing but the lawsuit filed at the Central Jakarta District Court was denied. Benny’s attempt to appeal also failed. 

The first hearing of the trial on 13 corporate suspects in the corruption case involving State-owned insurance company PT Asuransi Jiwasraya (Persero) started on May 31, 2021. The prosecutors read unpublished details.  The case was first investigated by the Jakarta...

A lawmaker from Aceh, one Asrizal Asnawi (PAN), filed a lawsuit against several parties, including PT Pertamina (Persero) and the Minister of Energy and Mineral Resources. Asrizal accused the defendants of tort and demanded over Rp2 trillion in compensation. The issue...

It has been nearly three years since the prosecutors’ office began investigating corruption involving State-owned insurance company PT Asuransi Jiwasraya (Persero). Six people have been declared guilty since then, but the proceedings continue. On March 29, 2021 the trial of the last individual defendant one Piter Rasiman began. Piter was named a suspect when he was still president director of PT Himalaya Energi Perkasa Tbk (HADE). Two months laters, the dockets of the corporate suspects was expedited to the stage of prosecution and the first hearing of the trial is scheduled to be held today, May 31, 2021. The hearing on Piter’s case will also resume today. 

For the past year, PT Pan Brothers Tbk (PBRX) has been struggling especially due to the pandemic. The situation becomes worse when one of the executives of the company was examined as witness in the case of corruption in State-owned insurance company PT Asuransi Jiwasraya (Persero). And the fear came true. Last week a creditor, PT Maybank Indonesia Tbk (BNII), filed a lawsuit on Suspension of Debt Payment (PKPU) against Pan Brothers. Pan Brothers issued a release on May 28, 2021.