Supreme Court Regulation on Bankruptcy and PKPU: A Revision

Earlier this year, the Supreme Court issued a Decree that compiles the handbook for bankruptcy and suspension of debt payment (PKPU) settlement. The decree was controversial because it limited the parties who can file PKPU lawsuits. Four months later, in the last week of April 2020, the Supreme Court issued another decree to revise the mentioned decree. 

Update on the Meikarta Bribery Case

Nearly two years ago the Corruption Eradication Commission (KPK) uncovered corruption related to the Meikarta township project. Since then, the KPK had named 11 suspects, including the then Regent of Bekasi, officials of the regency and provincial governments, and officials of Lippo group. Far from media coverage, the Corruption Court at the Bandung District Court read their decision for the last defendant of the case, one Bartholomeus Toto two weeks ago. But questions remain.

Problems in Kospin Indosurya Cipta

Since the beginning of 2020, several national media outlets reported the problem in Koperasi Simpan Pinjam Indosurya Cipta (Kospin) and mentioned that it had defaulted. As many as Rp10 trillion of investment made by its client vanished. Some also reported that Kospin is closely related to the Indosurya Group, founded by one Surya Effendi and run by his son Henry Surya. But the group denied any relation with Kospin. However, the recent announcement made by the police proves otherwise. The police had completed the investigation into the problem and named two suspects in case of alleged banking fraud—one of the suspects is Henry Surya.

Updates on the Dispute in Kawasan Berikat Nusantara

It has been a while since we reported on the dispute between PT Kawasan Berikat Nusantara (Persero) (KBN) and PT Karya Citra Nusantara (KCN). The last report was written after the Supreme Court granted the cassation petition filed by KCN and overturned the decision previously made by the district court. We have been waiting for KCN’s official statement since then. In the first week of March, we’re surprised to learn that KCN had been sued by its legal counsel Juniver Girsang. We wondered what happened, but the parties only gave explanations recently. Juniver filed a lawsuit of Suspension of Debt Payment (PKPU). It’s the first time for us to hear of a PKPU lawsuit filed by a legal counsel against a client. The Commercial Court of the Central Jakarta District Court believes the lawsuit must be granted. So KCN is now in its period of temporary PKPU.

On the Budget Mafia Case: The End?

It has been over two years since the Corruption Eradication Commission (KPK) uncovered a case of alleged corruption dubbed as the Budget Mafia Case. The case later ensnared civil servants at the Ministry of Finance as the key individual suspects. Later, the trial left many speechless after news broke that dozens of regions and their respective regional leaders were allegedly involved. Last week, the Court read its decision for the latest defendant in the case, one Sukiman, but questions remain.

Corruption Journal 

The Panel of Appeals in charge of the petition filed by the former Chairman of PPP Romahurmuziy (Rommy) had ruled in favor of Rommy. Rommy was previously convicted for accepting bribes from several officials of the Ministry of Religious Affairs. He was sentenced to two years imprisonment. But with the appeal decision, his sentence was halved. The Corruption Eradication Commission (KPK) filed a cassation to the Supreme Court, but the Supreme Court released Rommy. Separately, Emirsyah Satar, the former president director of PT Garuda Indonesia (Persero) Tbk, who is standing trial for allegedly receiving bribes and committing money laundering, pleaded not guilty last week. 

Latest on Corruption in Yogyakarta 

Eight months ago, the Corruption Eradication Commission (KPK) conducted a sting operation that uncovered a case of alleged corruption involving prosecutors in Yogyakarta and Surakarta of Central Java. The sting operation was performed just less than a month after the KPK revealed two different cases of corruption in Jakarta and Central Java, which also involved several prosecutors. The inquisition into the cases in Jakarta and Central Java had ended with all suspects declared guilty. Recently the prosecutors who are involved in the case in Yogyakarta listened to the prosecutor’s demands. 

Prosecutors Graft Case: The A-List 

In the previous article, we mentioned several cases of corruption involving prosecutors in three different provinces. The cases are investigated by the Corruption Eradication Commission (KPK). That said, the Attorney Generals’ Office (AGO) also investigated its ranks. In the past five years, the two institutions have unraveled dozens of similar cases. Some have been brought to the stage of prosecution, but others remain unsolved. Below is a summary of several notable cases.

The Bill to Revise the Law on Mineral and Coal Mining 

The plan to revise and update the provisions in Law No. 4/2009 on Mineral and Coal Mining (UU Minerba) continues despite having experienced many obstacles. This plan is still included in the list of Priority National Legislation Programs in 2020 (Prolegnas Prioritas 2020). To date, there are more than 900 Problems Inventory Lists (DIM) that must be negotiated. In the meeting of the Working Committee with the House Commission VII of the House of Representatives (DPR), which was held virtually on April 27, 2020, the Regional Representative Council (DPD) delivered several notes.

Corruption Journal 

The investigation and inquisition into the case of alleged corruption in State-owned insurance company PT Asuransi Jiwasraya (Persero) continue. The Attorney General’s Office (AGO) examined several witnesses on April 28, 2020, who are mostly from the Financial Services Authority (OJK). Separately, on the same day, the trial of one of the defendants of the Muara Enim graft case ended. We’re waiting for the court to decide on the trial of the disgraced Regent of Muara Enim one Ahmad Yani. 

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