The Corruption Court of the Central Jakarta District Court held another hearing on the trial of two officials of PT Brantas Abipraya (Persero) and their intermediary for attempting to bribe Jakarta High Court officials. The Public Prosecutor of the Corruption Eradication Commission read out their demands on all three suspects.

Patina Group Ltd, a company affiliated with PT Pertamina EP through a joint operation scheme (KSO), is facing a lawsuit filed by PT Nesitor (a drilling and mining equipment rental company) at the South Jakarta District Court for alleged breach of contract. The proceeding for this lawsuit has entered the stage of mediation. Separately, PT China Oilfield Services Limited (COSL) Indo, a subsidiary of Chinese state-owned company China National Offshore Oil Cooperation (CNOOC) Group, filed a report at the South Jakarta Police against KSO Pertamina EP – Patina Group Ltd on the suspicion of embezzlement and fraud.

The Corruption Eradication Commission (KPK) is still investigating the case of corruption that has brought down the former member of the House Commission III of the House of Representatives (DPR) I Putu Sudiartana (Democratic Party). The investigation has been widened, and the KPK has started to probe on the involvement of other parties. But what’s interesting is that the KPK is investigating the potential involvement of members of the House Budget Committee and employees of the Ministry of Finance; not the potential involvement of the House Commission V, the Commission tasked with supervising infrastructure development matters.

To commemorate Indonesia’s independence day on August 17, 2016, the Government granted remission to 82,015 inmates all over Indonesia. Simultaneously, the Government also revived the plan to amend the requirements for granting remissions as currently stipulated in Government Regulation (PP) No. 99/2012. This announcement was followed by the news that the Justice Collaborator status had been occasionally put up for sale.

On August 8, 2016 the Government issued Government Regulation (PP) No. 34/2016 regarding income tax imposed on income derived from the transfer of rights to land and/or buildings, and from agreement of sale and purchase of land and/or buildings. PP 34/2016 is the replacement of PP No. 71/2008, which was the amendment of PP No. 48/1994. The new PP will come into force starting September 8, 2016. The following is a brief description of the content PP 34/2016.

The process of PKPU for PT Meranti Maritime will be over soon. The bill of one creditor that was not previously accepted by the team of administrators has reportedly been addressed through other mechanisms. That said, the problems following this PKPU process are so complex it may not be resolved in the near future, whereas the time limit provided by the law is almost over. Can Meranti Maritime escape bankruptcy?

The Corruption Eradication Commission (KPK) continues their investigation into the case of corruption that ensnared the former member of the House Commission III of the House of Representatives (DPR) I Putu Sudiartana (Democratic Party). In the past two weeks, the KPK has summoned and asked for information from several parties allegedly involved in the case, including the Governor of West Sumatera Irwan Prayitno (PKS).

PT Niko Resources Limited, the subsidiary of Alberta-based oil and gas exploration and production company Niko Resources Ltd. (TSX: NKO) was declared bankrupt in July 2016 because the representatives of the company never attended the trial and the meeting of creditors for the entire process of Suspension of Debts Payment (PKPU) that began in January 2016. The creditors, however, still have to remain patient because to date the team of curators has not found any assets that can be used to pay off all of the Company’s debts.