Various national media outlets reported on Thursday, Sep. 24, 2020 that PT Lion Mentari Airlines (Lion) is being sued by its partner Goshawk Aviation Ltd over a financial dispute. Goshawk reportedly demanded payment of over UK£10 million (US$12.8 million) for seven Boeing jet leasing agreements. Lion Air responded to the lawsuit, stating that they were in a difficult situation as a result of the COVID-19 outbreak. 

The allegation of corruption involving State-owned insurance company PT Asuransi Jiwasraya (Persero) is rife with complex corruption schemes. But despite the difficulties and the scale, the Attorney General's Office (AGO) succeeded in completing the investigation and...

After only one month of inquisition, the Attorney General's Office (AGO) completed the docket of prosecutor Pinangki Sirna Malasari, who supposedly conspired in a scheme to help fugitive Joko Soegiarto Tjandra. Her trial started on September 23, 2020. Nothing new has...

Suspension of Debts Payment and Bankruptcy lawsuits have grown in demand as a way out of financial disputes. In September 2020, the Commercial Court at the Surabaya District Court had registered 13 PKPU lawsuits. Several of which are interesting to observe. 

The Attorney General’s Office (AGO) recently asked for an additional budget to rebuild its scorched main building. The public learned that the burned building, which should have been listed as State Property, was not insured. So, the State must bear the cost of rebuilding. State Property (Barang Milik Negara – BMN) is something that is rarely discussed. What does the designation of State Property mean?

A prolonged economic crisis usually leads to more bankruptcy lawsuits. We noticed a growing application for suspension of debt payments (PKPU) in Indonesian courts in the past few months. Some might be legitimate application, but mindful of possible legal maneuver to screw creditors. We will regularly update you on the recent PKPU applications, starting with those recently filed to the Commercial Court of Semarang District Court in Central Java.

At the opening of the Annual Session of the MPR with the DPR and DPD in August 2020, President Joko “Jokowi” Widodo appreciated the performance of the Supreme Audit Agency (BPK) for completing and submitting 1,180 audit reports, along with various recommendations to the Central Government. Nevertheless, BPK’s toughest tasks have just started. In the past week, it examined the management and responsibility of State finances in handling the pandemic and restoring the national economy. Can the BPK carry out its duties properly?

In September 2018, President Joko “Jokowi” Widodo issued the Presidential Instruction (Inpres) No. 8/2018. It requires all State officials to stop the expansion of oil palm plantations temporarily (moratorium) and to evaluate oil palm plantations. At the time, hope was welling up, because the Inpres was signed in the midst of criticisms that the Government was only focused on distributing land certificates without any serious intention to tackle agrarian problems. A week later, the Government issued a Presidential Regulation (Perpres) as a supporting regulation. Two years after the enactment of the mentioned regulations, the awaited reforms are still far from being realized.

Bambang Trihatmodjo, son of the late President Soeharto, has filed a new lawsuit against the Minister of Finance. The lawsuit is related to the Presidential Assistance funds (Banpres) used to finance the 1997 SEA Games. Bambang was the chair of the 1997 SEA Games Organizing Partner Consortium.

Like the National Police (POLRI), the Attorney General’s Office (AGO) also asked for an additional budget for 2021. The AGO has to repair its burnt main building, but its 2021 budget is less than 10 percent of the total budget allocated to POLRI.