The Minister of Marine and Fisheries Edhy Prabowo (Gerindra) was caught red-handed by the Corruption Eradication Commission (KPK) in a Sting Operation conducted at dawn on Nov. 25, 2020. Edhy was arrested along with 17 individuals, including his wife who is also a Gerindra politician. The allegation of corruption is related to the controversial export of lobster seeds.  The KPK named seven suspects in the case, including Edhy, but two suspects are still wanted. On Nov. 26, 2020, the remaining suspects turned themselves in. We finally learned the chronology. 

Bosowa Corporindo is in a feud with the Financial Service Authority (OJK). It also has a dispute with Qatar National Bank. Excluding the dispute involving foreign parties, all of the other disputes are being examined in court at the same time. Related to the dispute...

The Minister of Marine and Fisheries Edhy Prabowo (Gerindra) was caught red-handed by the Corruption Eradication Commission (KPK) in a Sting Operation conducted at dawn on Nov. 25, 2020. Edhy was arrested along with 17 individuals, including his wife who is also a...

Back in Aug. 2020 the Government issued Government Regulation (PP) No. 43/2020, which amended the PP No. 23/2020. In the regulation, President Joko “Jokowi” Widodo notes that regional governments could submit a loan proposal to the Minister of Finance to support the economic recovery program—a copy of the proposal must be submitted to the Minister of Home Affairs. The Ministry of Finance is responsible for implementing the regulation. Recently, the regulation was amended to Ministerial Regulation (PMK) No. 179/2020.

Towards the end of 2020, the Government noted that the realization of the utilization of the National Economic Recovery (PEN) funds had only reached a little more than 50 percent. Several things have hampered the realization, including the fear felt by State officials of corruption allegations. This fear has always been a matter of discussion, yet it hasn’t been resolved.

Koran Tempo reported few hours ago that Edhy Prabowo, minister of maritime and fisheries affairs, who is politician from Gerindra Party led by Prabowo Subianto, has been arrested by the Corruption Eradication Commission (KPK) in a corruption case related to export of lobster. 

The Corruption Eradication Commission (KPK) held a sting operation in Jakarta and East Kalimantan on July 2, 2020. By July 3, 2020, the KPK announced seven suspects of bribery. Among those in the receiving end are the Regent of East Kutai one Ismunandar (Nasdem) and his wife Encek Unguria R Firgasih, who happened to be the Chief of the regency’s DPRD from PPP. The investigation and inquisition were escalated to the prosecution stage, and the bribers have heard the prosecutors’ demands. Meanwhile, the trial of the bribee has just started last week. We later learned that in addition to Ismunandar and Encek, two other defendants in the case are brothers. We are looking at another example of corruption as a result of a political dynasty.

The Corruption Eradication Commission (KPK)’s investigation of corruption in PT Dirgantara Indonesia (Persero) (PTDI) continues. The trial of the first two suspects started earlier this month. At around the same time, the KPK named more suspects. The case has ensnared six individuals, four of whom were executives of the Company. What we have learned so far is that the scheme is also related to the procurement of military aircrafts and that a lot more parties had benefited from the scheme. 

Four months ago, the former President Director of PT Perusahaan Listrik Negara (Persero) (PLN) Nur Pamudji was found guilty of corruption. Nur Pamudji, who was once declared as the icon of anti-corruption, was declared responsible for causing State losses due to irregular procurement of High-Speed ​​Diesel (HSD) fuel supplied by PT Trans-Pacific Petrochemical Indotama (TPPI). Nur Pamudji decided to appeal, but he recently lost the fight. The event raises many questions. It’s confusing enough that in both courts, there are dissenting opinions. Some of the judges believe that Nur Pamudji is not guilty. 

The prolonged economic crisis caused too much uncertainty and led to bankruptcy lawsuits and debt dispute cases. In terms of lawsuits for Suspension of Debt Payments (PKPU), per Nov. 20, 2020, the number of PKPU applications had gone up by more than 50 percent compared to the same period last year. Among the lawsuits are several high-profile disputes, such as the dispute between QNB and Bosowa.