PT Citra Maharlika Nusantara Corpora Tbk (CPGT) (formerly known as Cipaganti) has been forced to enter a debt restructuring process after the Panel of Judges granted the request of Suspension of Debts Payment (PKPU) filed by Armand Yapsunto Muharamsyah and Partners (AYMP) Law Office (formerly known as DNC Advocates). With this decision, CPGT must face temporary PKPU process for the next 45 days.

Corruption Eradication Commission (KPK) filed for an appeal against the verdict of the trial of the Director of PT Windhu Tunggal Utama Abdul Khoir and the verdict of the trial of the former Hanura politician Dewie Yasin Limpo. The Jakarta High Court has decided on both appeals. What’s interesting about these two cases are the different arguments that the KPK used in their appeals. The KPK consider Abdul Khoir’s sentence too heavy. The sentence handed to Dewie, on the other hand, the KPK consider to bear no deterrent effect.

In October 2016, the Supreme Court read their decision on the trial of the Mayor of Makassar Ilham Arief Sirajudin and the former Minister of Energy and Mineral Resources Jero Wacik. What is interesting is that the Supreme Court decided to reduce the punishment of Ilham but aggravated the punishment of Jero Wacik.

PT Bhineka Karya Manunggal (BKM), a subsidiary of Guna Group, is officially bankrupt. The decision was taken after their only separatist creditor in the process of Suspension of Debts Payment (PKPU). PT Bank Negara Indonesia (Persero) Tbk (BBNI), declined BKM’s time extension request after only three months of negotiation for peace. The Panel of Judges at the Commercial Court in Central Jakarta District Court therefore decided to declare BKM bankrupt with all the legal consequences.

The creditors of PT Bumi Resources Tbk (BUMI) still have to wait before they an vote on the Company’s peace proposal. The Commercial Court of the Central Jakarta District Court decided to extend BUMI’s period of Suspension of Debts Payment (PKPU) to November 28, 2016.

President Joko “Jokowi” Widodo signed the Presidential Decree (Perpres) No. 87/2016 on October 20. With this Perpres, the establishment of Saber Pungli (Pungli/Illegal Levies Eradication) Task Force was officially established. At the same time, the Coordinating Minister for Politics, Law, and Security Affairs, who was assigned as the Supervisor of the Task Force, issued Decree No. 78/2016 completing the legal framework needed for the Task Force to conduct its duties.

Attorney General Muhammad Prasetyo told the press on Wednesday (Oct. 26) that investigators of the Attorney General’s Office (AGO) had found a breakthrough in the case of fraudulent tax restitution of PT Mobile-8 Telecom Tbk (which was a subsidiary of MNC Group,a business group owned by media mogul Hary Tanoesoedibjo). The AGO, Prasetyo said, would soon announce a suspect in this case. Who will that suspect be?

Last week, Gujarat-based Electrotherm (India) Ltd (NSE: Electherm) won the default lawsuit that they filed at the South Jakarta District Court against one Iqbal Hadromi, the partner of Hadromi & Partners Law Firm. Iqbal is the legal counsel of PT Putera Negeri Sakti and PT Apple ETPNS, the subsidiaries of Hong Kong-based Apple Commodities Limited.

The first trial on the graft case involving the former member of the House Commission III of the House of Representatives (DPR) I Putu Sudiartana (Democratic Party) was held in September 2016. The first suspect tried in said trial is Yogan Askan. Several facts were presented at the hearing. Later on October 24, 2016, the Corruption Eradication Commission (KPK) told the press that Putu’s investigation file had been handed over to prosecutors.