The Indonesian Government will inject more capital (PMN) to nine State-Owned Enterprises (BUMN) in 2021. Many question the decision. It's a fact that many BUMN are involved in graft cases. It would make sense if people were to doubt state-companies' prudence. The...

Trials of those who supposedly helped Joko Soegiarto Tjandra will be over soon. The Panel of Judges recently declared Prosecutor Pinangki Sirna Malasari guilty of evil conspiracy, money laundering, and bribery. On the same day, the prosecutors read their demands for the disgraced police general Prasetijo Utomo. Separately, Prasetijo’s colleague Napoleon Bonaparte insisted that he’s not guilty and instead blamed his subordinates. Many questions remain unanswered. 

The prohibition of monopolistic practices and unfair business competition is rarely discussed in the context of the Omnibus Law. The regulation regarding said topics had undergone several significant changes. On Feb. 2, 2021, the Supreme Court issued a Circular (SEMA) to explain the changes in the judicial institution.

Last year was difficult for PT Garuda Indonesia (GIAA). The Company had to face several lawsuits in the middle of a financial crisis due to the COVID-19 outbreak. By the end of Jan. 2021, a UK High Court decided to grant GIAA's application for a stay of proceedings...

In 2017, J&F Investimentos SA, a holding company owned by brothers Joesley and Wesley Batista, agreed to sell its flagship asset Eldorado Brasil Celulose SA to Netherland-based Paper Excellence, managed by Jackson Widjaja, grandson of the late Eka Tjipta Widjaja. But the deal quickly turned sour. J&F canceled the deal. It argued that Paper Excellence did not comply with the conditions to close the deal. Paper Excellence went to court, and the court sent the decision to arbitration. Recently, the arbitrators reportedly ruled in favor of Paper Excellence.

In the past two months, PT Perusahaan Gas Negara Tbk (Persero) (PGAS) has announced several information disclosures to the IDX. They are all related to the Company’s tax problems. In its latest announcement, PGAS stated that it had lost in a dispute against the Directorate General of Taxation and must pay more than Rp3 trillion. It’s terrible news, for the Company is not in a good situation.

In 2016, President Joko “Jokowi” Widodo officially recognized the customary forests of several indigenous people and customary communities. The recognition was given in the form of a Decree on the Inclusion of Customary Forest and Customary Forest Determination Letter to nine customary communities in the State Palace. Four years later, however, the Pandumaan Sipituhuta learned that their land was included in the Food Estate project. 

In August 2018, we reported on an investigation conducted by the Attorney General Office (AGO) related to allegations of corruption involving State-owned Enterprise PT Danareksa (Persero). At the beginning of 2020, the investigation escalated to the stage of inquisition. The AGO has named six suspects in two different cases. Far from media coverage, by the end of 2020 the trials started. 

The former Registrar of North Jakarta District Court Rohadi, who was caught receiving bribes related to the case of sexual abuse involving a celebrity named Saipul Jamil, was found guilty in 2016. This seemingly trivial case became the Corruption Eradication Commission (KPK) ‘s entry point to discovering many more crimes that Rohadi allegedly committed since 2005. Rohadi was named a suspect of money laundering, but it took the KPK a long time to investigate the case. Rohadi’s trial began earlier this week.