On January 2017, PT Dwi Aneka Jaya Kemasindo Tbk (DAJK) resolved their period of Suspension of Debts Payment (PKPU) peacefully after almost nine months of negotiations with the Company’s creditors. But eight months later, one of the Company’s separatist creditor, i.e., PT Bank Mandiri (Persero) Tbk (BMRI) filed a lawsuit to cancel the peace agreement. On September 29, 2017, the Company published its information disclosure on the IDX.

CIMB-Niaga bank has filed PKPU lawsuit against construction material company PT Hansindo Indonesia and its owner Mr Hendra Basoeki. If granted, the PKPU or Suspension of Debt Payment, gives the defendants 45 days to resolve the payment issues.

Matahari Department Stores (LPPF), a retail giant controlled by Lippo Group, has filed tort lawsuit against PT Pasaraya Tosersajaya, a mall developer owned by businessman and politician Abdul Latief. Matahari Dept Stores, a company with market value of around US$2 billion, has filed the lawsuit to the South Jakarta District Court on September 14, 2017.

Earlier this afternoon (Sept. 29), the Judge in charge of reviewing the pretrial petition filed by graft suspect Setya Novanto, Judge Cepi Iskandar, decided to partially accept the arguments laid out in the petition. With the arguments that the Judge accepted, Novanto was practically freed from the KPK’s graft prosecution.

On September 28, 2017, the Corruption Eradication Commission (KPK) announced the name of the three suspects of the bribery case that ensnared the Regent of Kutai Kertanegara (Kukar) Rita Widyasari. As many had believed to be the case, the bribery is related to a licensing process, albeit not for a mining company.

The Indonesian Supreme Audit Agency (BPK) and the Ministry of Villages, Development of Disadvantaged Regions, and Transmigration (Kemendes) are under intense scrutiny after the Corruption Eradication Commission (KPK) arrested several of their officials on account of bribery in May 2017. The KPK named four suspects on the case and the first trial began in August 2017. The trial has uncovered some interesting trivia.

Last week, the South Jakarta District Court registered a tort lawsuit filed by one Sri Rachma Chandrawati against one Raden Mas Endytiokusumo and one Bernando Andliano. In the petition, Rachma demands the defendants to pay compensation of Rp200 billion. The parties have been in dispute for several years, and the main case is related to a land dispute that has lasted for decades involving PT Arthaloka Indonesia, a subsidiary of PT Tabungan dan Asuransi Pensiun (Persero) (Taspen). What is really going on?

On September 27, 2017 the South Jakarta District Court continued the hearing on the pre-trial lawsuit filed by the Speaker of the House of Representatives Setya Novanto. Novanto’s legal counsels and the Corruption Eradication Commission (KPK) both summoned expert witnesses to support their reasonings. Apart from the trial, the investigation and inquisition on the E-KTP graft case continues, with the KPK announcing a new suspect.