On Nov. 18, 2020, the Commercial Court of the Central Jakarta District Court registered a lawsuit against PT Indonesia Power, a subsidiary of PT PLN. The lawsuit was filed by one Liliana Wibisono, the chief of Kinarya Liman Margaseta Consortium (KKLM). It seeks Indonesia Power’s bankruptcy.

The Corruption Eradication Commission (KPK)’s most recent announcement is on the case of corruption dubbed as the Budget Mafia Case. Last week, the KPK announced four new suspects in the case in three consecutive days. This week, KPK detained one of the suspects: Mayor of Dumai Zulkifli Adnan (Nasdem). 

In Oct. 2019, the Corruption Eradication Commission (KPK) conducted a sting operation and uncovered an outrageous corruption scheme in the regency. KPK then arrested several people including the Regent of Indramayu one Supendi (Golkar). Far from media attention, the trial started in Dec. 2019 and lasted until mid-2020. All defendants were found guilty, however, the KPK did not stop investigating. It recently named former member of the West Java DPRD Abdul Rozaq a suspect.

It is unfortunate to see the problems that are currently faced by PT Indosterling Technomedia Tbk (TECH). After the alleged default of PT Indosterling Optima Investa, a finance company related to the Company, last month the Company’s Commissioner was named a suspect in a case of alleged fraud. TECH finally confirmed this news on Friday last week. The situation is unfortunate because TECH was only officially listed on Indonesia Stock Exchange (IDX) as of June 2020.

Five years ago China Sonangol International Holding made headlines after it decided to boost its presence in Indonesia through China Sonangol Land. Together with its Indonesian partner Media Group (controlled by Surya Paloh, chairman of NasDem Party), they established...

In recent months, everything related to the export of lobster seeds has been in the spotlight. Starting from the attention of the Minister of Marine and Fisheries Edhy Prabowo for giving licenses to several troubled lobster seed exporters, followed by smuggling of lobster seeds by 14 exporting companies, and now an alleged monopoly. Due to this suspicion, the Business Competition Supervisory Commission (KPPU) took the initiative to conduct further research.

Of all the controversies regarding the Omnibus Law, there is one aspect that is hardly ever discussed: the prohibition of monopolistic practices and unfair business competition. The regulation regarding this aspect has also undergone several important changes. What are the changes and the consequences?

The Bill on the Prohibition of Alcoholic Beverages (otherwise referred to as the RUU Minol) was the talk of the town in 2015. The RUU Minol has undergone several changes along the way, but the parties involved in the discussion could not agree. The discussion just stopped. This week the RUU Minol once again attracted a lot of attention ever since its existence was made public. It is because the deliberation of the Bill continued with initiatives from dozens of lawmakers. The question is still the same: what is the urgency and benefits of banning alcoholic beverages, apart from religious issues?

The COVID-19 pandemic is forcing the Business Competition Supervisory Commission (KPPU). Several changes must be made to follow the Government’s plan, especially in terms of national economic recovery, one of which is relaxation or moderation in law enforcement.

The latest hearing on the trial of the former Secretary of the Supreme Court Nurhadi and his son-in-law Rezky Herbiyono revealed several new details. It is fascinating how Nurhadi can run the scheme for years using his position in the Supreme Court without anyone knowing.