On the TPPI Graft Case: Demands for the Defendants
The trial of the three defendants in the corruption case involving PT Trans-Pacific Petrochemical Indotama (PT TPPI) and BP Migas (now Satuan Kerja Khusus Pelaksana Kegiatan Usaha Hulu Minyak dan Gas Bumi or SKK Migas) continues. After over four months of...
COVID-19 Outbreak: National Economic Recovery Program (3)
In mid-May 2020, the House of Representatives had passed the Government Regulation in Lieu of Law (Perppu) No. 1/2020 into Law. A day before, the President issued Government Regulation (PP) No. 23/2020, which is one of the implementing regulations of the mentioned...
The Importance of Information on Beneficial Ownership
The President signed the President Regulation (Perpres) on the Implementation of Principles of Recognizing the Beneficiaries of Corporations in the Framework of the Prevention and Eradication of Money Laundering and Criminal Acts of Terrorism, otherwise known as the Perpres on Beneficial Ownership, on March 1, 2018. It took the Government close to two years to issue the implementing regulations for the said Perpres. Unfortunately, its implementation is far from satisfactory.
Audit of Government Financial Statements
The Minister of Finance Sri Mulyani Indrawati, together with Ministers in the Cabinet and leaders of State Institutions, submitted the 2019 Central Government Financial Statements (LKPP) to the Supreme Audit Agency (BPK) in March 2020. This year’s reporting process is done virtually because of the COVID-19 outbreak. The BPK said that it had completed the examination of all submitted financial statements. It must then submit the Report on Audit Result (LHP) to the House of Representatives.
Omnibus Law: Micro, Small and Medium Enterprises
The discussion of the Omnibus Bill on Job Creation continues despite so many rejections. In the past month, the Legislative Body (Baleg) of the House of Representatives, together with the representatives of the Government and the Regional Representative Council (DPD), held several meetings. The parties mentioned completed the Inventory List of Problems, especially for the cluster of Micro, Small-Medium Enterprises (UMKM).
Latest on the Problems in Kospin Indosurya Cipta
Koperasi Simpan Pinjam Indosurya Cipta (Kospin) is currently restructuring its debt as a result of a lawsuit on Suspension of Debt Payment (PKPU) filed by one of its clients. After the lawsuit was granted, the police announced that it had named a suspect. Meanwhile, the PKPU period is running out. It prompted the victims to file another report to the police towards the end of last week. The police are developing its investigation into allegations of money laundering.
On the Sugar Distribution Graft Case: The End?
Towards the end of 2019 the Corruption Eradication Commission (KPK) uncovered a case of corruption involving several officials of State-Owned PT Perkebunan Nusantara III (Persero) (PTPN III). The KPK named several suspects, including then Managing Director of PTPN III, one Dolly Pulungan. The alleged briber was found guilty on May 13, 2020 and the bribee including Dolly was declared guilty during the hearing held on June 3, 2020. But although all defendants had been convicted, questions remains.
Update on the Corruption in KPU
The trial of the former Commissioner of the General Election Commission (KPU) Wahyu Setiawan continued on June 4, 2020. Wahyu, who was named a suspect for accepting bribes from PDIP politician Harun Masiku, was indicted for accepting bribes and grafts. In the latest hearing, the Chief Commissioner of the KPU Arief Budiman attended as a witness.
Update on the Corruption in Sidoarjo
Six months ago, the Corruption Eradication Commission (KPK) conducted a sting operation in Sidoarjo, East Java. The KPK uncovered a case involving the then Regent of Sidoarjo Saiful Ilah (PKB). Six suspects, including Saiful Ilah, were named. Saiful denied involvement in the case, but the inquisition continued. On June 3, 2020, the trial of Saiful started simultaneously with the trial of three bribees. The Corruption Court of the Surabaya District Court read its decision on the two bribers last week.
On Jiwasraya’s Case: The Trial
The allegation of corruption involving State-owned insurance company PT Asuransi Jiwasraya (Persero) was first investigated by the Jakarta High Prosecutor Office (Kejati Jakarta) in October 2018. Towards the end of 2019, the investigation was taken over by the Attorney General’s Office (AGO). In less than two months, the AGO had named five suspects in the case, including Benny Tjokrosaputro. Several weeks after that, the AGO announced another suspect, so there are six suspects in total. The prosecutors are so determined that they managed to finish the three suspects’ dockets in March 2020, but the dockets were returned because it was deemed incomplete. After going through so much ordeal, the prosecutors finally managed to finish the dockets of all suspects several weeks ago. The first hearing of the trial finally started on June 3, 2020. This trial is the most anticipated this year. So it is not surprising that the Court was filled with hundreds of visitors despite the COVID-19 outbreak.