PT Sumatera Persada Energi (SPE), the subsidiary of PT Asiabumi Petroleo, once again escaped a PKPU lawsuit. On September 22, 2016, the Panel of Judges of the Commercial Court of the Central Jakarta District Court decided to decline the lawsuit filed by two of SPE’s creditors, even though the creditors could prove that SPE owe them money. Why?

The dispute between PT Mekar Perkasa (Salim Group) and PT Sweet Indolampung (Sugar Group Companies belongs to Gunawan Jusuf) continues. Dozens of lawsuits filed in four separate district courts within a period of nearly a decade was not enough. After spending so much time and energy in court, this time Mekar Perkasa is trying their luck at the commercial court. On September 5, 2016, Mekar Perkasa filed for a Suspension of Debts Payment (PKPU) against Sweet Indolampung.

On September 5, 2016 PT Mekar Perkasa filed a petition for Suspension of Debts Payment (PKPU) against PT Sweet Indolampung at the Commercial Court of the Central Jakarta District Court, with the claim that Sweet Indolampung owes Mekar Perkasa. But in trial, it was made clear that this lawsuit is a continuation of the old feud involving two tycoons, Anthony Salim and Gunawan Jusuf. Although the dispute has lasted for more than a decade, and has gone through dozens of lawsuits, the saga continues.

Bribery in the Ministry of Public Works and Public Housing (Kemen-PUPR)’s Trans-Seram road project was revealed as a result of the sting operation (OTT) that the Corruption Eradication Commission (KPK) conducted on January 13, 2016. Eight months have passed, and to date, the Director of PT Windhu Tunggal Utama (WTU) Abdul Khoir is the only bribe giver that’s been sentenced. The other alleged bribe giver, i.e., the Commissioner of PT Cahaya Mas Perkasa (CMP) So Seng Kok a.k.a A Seng a.k.a Franky Harman Tanaya and Director of PT Sharleen Raya (JECO Group) Hong Artha John Alfred are still free. On on the receiving end, the members of Commission V of the House of Representatives Damayanti Wisnu Putranti and her colleague Budi Supriyanto (Golkar) have gone to trial, though Musa Zainuddin (PKB) remains a free man. Andi Taufan was named as a suspect in April 2016 and was finally detained earlier this month.

The meeting of creditors of PT Bumi Resources Tbk (BUMI), which was supposed to be held on September 20, 2016, was once again postponed following a request from China Development Bank (CDB). The delay is somewhat troubling because the period of Suspension of Debts Payment (PKPU) is scheduled to end on September 30, 2016. But for some creditors, the delay is precisely what they need.

PT Meranti Maritime and its owner Henry Djuhari have been officially bankrupt since August 2016. The Company’s insolvency process, however, is still complicated by problems. Meranti Maritime and Henry Djuhari questioned the team of curators’ decision to immediately confiscate assets.

PT Trikomsel Oke Tbk (TRIO), which is now in the process of Suspension of Debts Payment (PKPU), only has less than 10 days left to reach an agreement with its creditors. If until next week the creditors cannot agree to the debt payment scheme offered in the draft of the peace proposal, TRIO will be declared bankrupt. Can the troubled company resolve the dispute peacefully?

PT Dwi Aneka Jaya Kemasindo (DAJK)’s period of Suspension of Debts Payment (PKPU) will end in less than two weeks, but the Company’s negotiation with its creditors has not yet produced a conclusive outcome. Several foreign companies, however, have reportedly conveyed their interest in investing in the corrugated carton company.

The trial of Yogan Askan, a suspect in the case of alleged corruption that also brought down the former member of the House Commission III of the House of Representatives (DPR) I Putu Sudiartana (Democratic Party), was conducted last week. The indictment read by the Public Prosecutor of the Corruption Eradication Commission (KPK) revealed the modus operandi in this case and new names were mentioned.

The Corruption Eradication Commission (KPK) delivered shocking news on September 17, 2016. They had conducted their latest Sting Operation (OTT) in Jakarta and caught the Chairman of the Regional Representatives Council (DPD) Irman Gusman in a bribe transaction. Irman, who is known as an anti-corruption ambassador, is the first member of the DPD to be arrested by KPK.