KPK and the Pre-Trial Lawsuits

Over the last two months, the Corruption Eradication Commission (KPK) has been faced with several pre-trial lawsuits, including the lawsuits filed by the big names that were previously named as graft suspects in three different cases, such as: the former Chairman of the Regional Representatives Council (DPD) Irman Gusman, the Southeast Sulawesi Governor Nur Alam and former Health Minister Siti Fadilah Supari.

Tamtama Perkasa Escaped Bankruptcy

PT Tamtama Perkasa and its owner Prajogo Pangestu escaped the bankruptcy lawsuit filed by one of its creditor PT Penang Export Indonesia (PEI). After following four hearings in the Commercial Court of the Central Jakarta District Court, the parties finally agreed to resolve the dispute outside of court. The decision was presented at the hearing held on October 6, 2016.

PKPU for Sujaya Group

Sujaya Group’s two subsidiaries—PT Bintang Jaya Proteina Feedmill (Bintang Jaya) and PT Sinka Sinye Agrotama (Sinka Sinye)—must face a lawsuit on Suspension of Debts Payment (PKPU) filed by one of their creditors HSBC Banking Corporation Ltd. HSBC claims that both companies have a debt to HSBC that has matured in the amount of Rp685.12 billion.

Development on Irman Gusman’s Case

The Corruption Eradication Commission (KPK) have expanded their investigation into the allegations of bribery in the distribution of West Sumatera’s additional quota for sugar. The case previously brought down the Chairman of the Regional Representatives Council (DPD) Irman Gusman. After examining the Director of the National Logistics Agency (Bulog) Djarot Kusumayakti, the KPK began to examine officials in the Ministry of Trade. The KPK have also have twice summoned Irman’s wife Liestyana Rizal Gusman but she never fulfilled the call.

Maxpower Bribery Case (2)

The Corruption Eradication Commission (KPK) has intensified communications with authorities in the United States of America related to investigation into bribery scandal implicating Maxpower Group Pte Ltd. Indonesian officers are accused of receiving bribery from its subsidiary PT Maxpower Indonesia. What do we know about the company’s operations in Indonesia?

Ministry of Environment and Forestry v. National Sago Prima

After nearly half a year of trial, on August 11, 2016, the panel of judges of the South Jakarta District Court decided to partially grant the lawsuit filed by the Ministry of Environment and Forestry against PT National Sago Prima (NSP), subsidiary of PT Sampoerna Agro Tbk. NSP is deemed guilty for damaging the environment. But the company refused the verdict and filed an appeal.

New Developments on Damayanti’s Case

The Corruption Eradication Commission (KPK) has been investigating the allegations of bribery in the Ministry of Public Works and Public Housing (Kemen-PUPR)’s Trans-Seram road project since early January 2016. The case has thus far brought down the former member of the House Commission V of the House of Representatives Damayanti Wisnu Putranti of PDI-P and several other members of the House Commission V, bringing the total of 7 suspects, 4 of whom have been convicted. But the investigation will continue. Thanks to the testimonies and confessions of the suspects and defendants during investigation, the KPK has expanded their investigation and began to examine new parties, mostly from the executive branch.

Benny Tjokro v. Goldman Sachs: Updates

On September 8, 2016, Benny Tjokrosaputro the founder and President Director of PT Hanson International Tbk (MYRX) filed a tort lawsuit at the South Jakarta District Court against Goldman Sachs International and two other parties related to alleged illegal sales of Benny’s shares in MYRX. Two hearings have been held to date, but on October 4, 2016, the Panel of Judges postponed the third hearing and asked Benny and his legal counsel to revise their petition.

Bumi Asih Jaya Rejects Bankruptcy

On June 21, 2016, PT Asuransi Jiwa Bumi Asih Jaya (BAJ) decided to file for a Reconsideration (PK) on the cassation verdict that paved the way for the Financial Services Authority (OJK) to liquidate BAJ’s assets. To date, the proceeding for the PK continues, and because of that BAJ’s management insists that their insolvency status is not yet legally binding.

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