The Jakarta High Prosecutors’ Office (Kejati Jakarta) recently revealed an allegation of corruption committed by several parties, including an officer of the Financial Authority Services (OJK), in the interest of Bank Bukopin. The Kejati began investigating the case in 2019. It recently escalated the process to the stage of inquisition. On July 21, 2020, the suspected OJK officer was detained.

On June 22, 2020, the Corruption Eradication Commission (KPK) summoned the Regent of East Kotawaringin in Central Kalimantan one Supian Hadi (PDI-P) to be examined as a graft suspect. Since then, there has been almost no news on the development of the said investigation. Supian, whose involvement is suspected in a case that allegedly caused over Rp5 trillion in State losses, is still leading East Kotawaringin. 

In June 2020, the Board of Directors of Geo Energy Resources Limited (SGX: RE4) announced a potential dispute related to the Company’s corporate action dated September 2019. The corporate action in question is related to the purchase of 100 percent of the existing shares in PT Titan Global Energy (PT TGE), a part of PT Titan Infra Energy (PT TIE). The current or former shareholders of PT TIE are reportedly in dispute in Indonesia.

Over four months ago, a lawsuit against PT Karya Citra Nusantara (KCN) was registered at the Commercial Court of the Central Jakarta District Court. Listed as the plaintiff is the Company’s former legal counsel Juniver Girsang. The Court granted the lawsuit and KCN was forced to restructure its debt. KCN used the temporary PKPU to resolve the issue with the majority of its creditors. The quick process proved that KCN was a healthy Company. On May 14, 2020, the Panel of Judges was supposed to read the peace agreement, but the hearing was postponed for two months. This has never happened before, but all parties abided by the process. On July 20, 2020, another issue arose. The Court was forced to again postpone the promulgation of the peace agreement. 

The Ministry of Finance issued the Regulation of the Minister of Finance (PMK) No. 86/PMK.03/2020 towards the end of last week. So the Government officially extended the validity period of the tax incentives for taxpayers affected by the Coronavirus outbreak. The PMK notes more incentives and regulates several other things, which will be effective until December 2020.

The National Police (POLRI) have removed three generals from their posts for negligence related to the scandalous entry of fugitive Joko Tjandra (colloquially known as Joker) into Indonesia. One of the generals dismissed supposedly maintained a direct communication channel with Joko.

Last month Freddy Widjaja—son of the late tsar of Sinar Mas Group Eka Tjipta Widjaja—filed a civil lawsuit at the Central Jakarta District Court, demanding his share of inheritance. The news was widely reported because Freddy mentioned names of several subsidiaries of the group in his lawsuit. Soon after the lawsuit was made public the mentioned companies’ stock prices weakened, with some having to provide information to the IDX. The next hearing to examine the lawsuit is scheduled to be held on July 20, 2020. 

The Corruption Eradication Commission (KPK) took a very long time to complete the indictment of Tubagus Chaeri Wardana (Wawan), the brother of former Banten governor Ratu Atut who is accused of money laundering. The trial began with the hope that it would force Wawan to take responsibility for his crime, but yesterday, that hope vanished. After several months of proceedings, the Panel of Judges concluded that the prosecutors could not prove their allegation of money laundering. That said, the Court was convinced that Wawan was guilty of two other accounts of crime. He was sentenced to four years in prison.

The House of Representatives and the Government is continuing with the deliberation of the Omnibus Bill on Job Creation despite the civil society’s plea for suspension. On April 14, 2020, a Working Committee (Panja) responsible for the deliberation was formed. Each faction of the political parties in the DPR asked for time to compile its Problem Inventory List (DIM). The Ministry of Manpower formed a technical team to unite all stakeholders in one discussion forum. Its members are Government stakeholders, representatives of workers union/labor union (SP/SB), and employers’ representatives. The technical team began meeting on July 8, 2020, but by July 12, 2020, the KSPI led by Said Iqbal decided to exit the team. The KSPSI led by Andi Gani Nena Wea followed. 

In June 2020, Freddy Widjaja—son of the late Eka Tjipta Widjaja, the tsar of Sinar Mas Group—filed a civil lawsuit at the Central Jakarta District Court, demanding his share of inheritance. The news was widely reported this week as the group through Gandi Sulistiyanto Soeherman (a managing director) provided their side of the story. Until the end of his life, Eka Tjipta Widjaja only recognized two legitimate wives. Freddy’s mother is not one of them. This is not the first time Freddy has filed a lawsuit related to his position in the family. Freddy had been trying to be considered a legitimate child since the end of 2019.