Last month the Government published the new law to regulate the issue of Tax Information Exchange Agreement or Automatic Exchange of Financial Account Information (AEoI). The regulation is the Government Regulation in Lieu of Law (Perppu) No. 1/2017 regarding Access to Financial Information for Taxation Purposes. On May 31, 2017, the Ministry of Finance published the Ministerial Regulation (PMK) No. 70 /PMK.03/2017 containing the technical guidance for the implementation of said Perppu.

It has been eight months since the Sujaya Group’s two subsidiaries, PT Bintang Jaya Proteina Feedmill (Bintang Jaya) and PT Sinka Sinye Agrotama (Sinka Sinye), entered their period of Suspension of Debts Payment (PKPU). The Group was finally able to find an investor” Hong Kong-based Macquarie Capital Securities Limited, the subsidiary of Macquarie Group Limited. But even with the good news, the parties are still unable to find common ground. The debtors wanted to start over the business before repaying the debts within the next two years, while the creditors demanded to be repaid immediately.

On January 25, 2017, the Corruption Eradication Commission (KPK) arrested the then Constitutional Court (MK) Justice Patrialis Akbar along with businessman by the name of Basuki Hariman, his staff Ng Fenny, and an intermediary named Kamaludin. Basuki Hariman allegedly bribed Patrialis for the purpose of producing a judicial review conclusion that’s favorable to the former’s business. On June 5, 2017, the trial of Basuki and Fenny started in the Corruption Court at the Central Jakarta District Court. The indictment of the two defendants mentioned several interesting events.

The Working Committee (Panja) and the Special Committee (Pansus) on the discussion of the Bill to revise the Law No, 15/2011 on General Election only has several days to complete their discussion with the Government. Several agreements have been reached, but the parties still cannot agree on the crucial points. With the current situation, passage by way of voting is inevitable.

After filing report against Zulkifliemansyah, lawmaker from Islamic party PKS, to the ethics council of the House of Representatives (MKD DPR), Aries Suci Handayani, said second wife of the politician, has on Tuesday (June 6) filed a lawsuit against the central board of PKS to South Jakarta District Court.

Friday last week, the representatives of the Supreme Audit Agency (BPK) visited the Attorney General’s Office (AGO) and brought with them the Report on Examination Result (LHP) related to the allegation of mismanagement of Dana Pensiun Pertamina (Pertamina pension funds), and the allegation of corruption in PT Pertamina Trans Kontinental. The BPK’s interim examination found that the State had loss Rp599.2 billion and Rp35.32 billion as a result of the PT Pertamina Trans Kontinental scandal. The AGO have named a suspect on the Dana Pensiun Pertamina case, and will supposedly name a suspect in the Pertamina Trans Kontinental case later this week.

The dispute between private energy company PT Bumigas Energi and state-owned energy company PT Geo Dipa Energi (Persero) has been going on for more than a decade, but from the ways things are moving, resolution does not look likely for the near future. Geo Dipa’s former Managing Director Samsudin Warsa, who is standing trial for allegation of fraud after being reported by Bumigas, is still fighting for freedom. But apart from the criminal case, Geo Dipa has done its own work to resolve the dispute.

The investigation into the electronic identity cards (E-KTP) graft case expanded to a perjury investigation with Hanura politician Miryam S. Haryani as suspect only recently. But last week, the Corruption Eradication Commission (KPK) announced that they had started a new investigation into obstruction of justice with Markus Nari as suspect. What is going on?

There’s been some development in the Maritime Security Agency (Bakamla) graft scandal and the Trans-Seram graft scandal. The Panel of Judges that oversaw the trial of the Bakamla graft suspect Fahmi Darmawansyah, who is the president director of PT Meriel Esa Indonesia, read their verdict. Whereas with regards to the Trans-Seram graft scandal, the Corruption Court began trying the eighth suspect, i.e., the Commissioner of PT Cahaya Mas Perkasa (CMP) So Kok Seng a.k.a A Seng a.k.a Tan Frenky Tanaya (previously reported as Franky Harman Tanaya).

The Corruption Court held the latest hearing on the trial of the two defendants in the electronic identity cards (E-KTP) graft case on May 29, 2017. This hearing is special because the court listened to the accounts of Andi Agustinus a.k.a Andi Narogong, the latest suspect who is supposedly the mastermind. In the hearing, however, Andi gave several statements that are different from the chronology of incidents stated in the indictment. The two defendants in the case denied Andi’s statements and stated that most of what Andi said were lies.