Topjaya PKPU: Toshiba & Beyond
PT Topjaya Antariksa Electronics, manufacturer of Toshiba refrigerator, has been applied for Suspension of Debts Payment (PKPU) by PT Topla Abadi Jaya, supplier of plastic products. The PKPU has been registered since October 20, 2016 through case No 121/Pdt-Sus-PKPU/PN.NIaga.Jkt. Topjaya has since been in a temporary PKPU for 30 days to allow for restructuring of overdue debt payments.
Saber Pungli: Big Cathes so far
The Corruption Eradication Commission (KPK) is famous for its big catches. The Commission, however, has limited resources to eradicate the systemic corruption in the country. Efforts to enlarge KPK and its capacities have repeatedly hit the wall, including opposition from politicians. The so-called Saber Pungli, a team established by President Joko ‘Jokowi’ Widodo two months ago to eradicate red tape and illegal fees, should get more because of its size and network nationwide.
Jokowi’s ‘Drug Emergency’
US Department of State’s Bureau of International Narcotics and Law Enforcement Affairs in its 2016 Report classified Indonesia as both a transshipment point and a destination for illegal drugs. Indonesia remains a significant consumer of methamphetamine, cannabis, and heroin. Chief of The National Narcotics Board (BNN) Budi Waseso said recently that Indonesia is a Rp72 trillion (US$5.4 billion) per annum market for illegal drugs.
Cassation for Merbau Pelalawan Lestari
The Ministry of Environment and Forestry secured a glorious victory against PT Merbau Pelalawan Lestari (MPL), who’s been deemed guilty of illegal logging by the Supreme Court at the stage of cassation,. The Assembly of Cassation surprisingly overruled the previous verdict of the District Court and the High Court and ordered MPL to pay compensation for environmental damages in the amount of Rp16 trillion.
Corruption in Pertamina Patra Niaga: Updates
The Attorney General’s Office (AGO) continues to investigate the allegation of corruption in PT Pertamina Patra Niaga (Patra Niaga), the subsidiary of PT Pertamina (Persero). The AGO stated that after examining more than 40 witnesses, they had successfully compiled the names of those involved in the case. Though having said that, the AGO claimed that they would, for the time being, refrain from announcing the name of the suspects.
People behind Merbau Pelalawan Lestari
The Supreme Court has ordered PT Merbau Pelalawan Lestari to pay Rp16 trillion or US$1.2 billion in fines, the largest ever in Indonesian history, for illegally clearing forests in Pelalawan Regency, Riau province. The Company decided to file a judicial review to overturn the ruling. Who’s behind?
KPPU v. Toray Advanced Materials Korea Inc
The Central Jakarta District Court rejected the objections filed by Toray Advanced Materials Korea Inc. against the decision of the Business Competition Supervisory Commission (KPPU) to slap administrative sanction for the Company’s delayed notice of acquisition. What is the problem exactly?
On Putu Sudiartana’s Case: Mysteries
It is finally time for Putu Sudiartana to face prosecution. The former member of the House Commission III of the House of Representatives (DPR) and former cadre of Democratic Party heard the prosecutor’s case and charges on him in the hearing held on November 16, 2016. What’s interesting is that Putu is not only being held accountable for bribery.
On the E-KTP Graft Case
Weeks have passed since the Corruption Eradication Commission (KPK) told the press that they would question Golkar Chairman Setya Novanto on his involvement in the electronic identity card (e-KTP) graft case, but to date, the KPK still have not scheduled the promised examination session. Instead, the KPK are now focused on tracking the flow of funds made from the project and examining several other witnesses.
Central Steel’s PKPU and Allegation of Corruption in Bank Mandiri
PT Central Steel Indonesia (CSI) entered their period of Suspension of Debts Payment (PKPU) in August 2016. The Company submitted a draft of their peace proposal in the first week of November 2016. Along with the submission of the draft peace proposal, the Commercial Court of the Central Jakarta District Court agreed to extend CSI’s PKPU period. This PKPU process has sparked allegations of corruption in PT Bank Mandiri (Persero) Tbk (BMRI), which is now under the investigation of the Attorney General’s Office (AGO).