The process of Suspension of Debts Payment (PKPU) for PT Trikomsel Oke Tbk (TRIO) is still ongoing. In the hearing held on June 16, 2016, the panel of judges of the Commercial Court of the Central Jakarta District Court decided to grant the Company its application for extension of time for PKPU. TRIO will have 45 more days after August 1 (until September 15) to revise their proposal.

In May 2016 two companies under the management of Lippo Group, Lippo Limited (HKEX.00226) and Lippo China Resources (HKEX.00156), together with the LCR Group, made a joint announcement that a bankruptcy petition was filed by certain creditors against CS Mining LLC, the valuable strategic partner of the Group. On August 4, 2016, the United States Bankruptcy Court for the District of Utah granted the petition. The case reminds us of Lippo Group’s engagement in the mining industry in Indonesia.

The House of Representatives (DPR) had five periods of deliberation for the 2015-2016 calendar. And yet they lawmakers have only managed to show a slight increase in performance when compared to 2014-2015 calendar of deliberation. For 2014-2015 had entered 41 Bills in the list of prioritized legislation for 2015, but only 3 of the Bills were deliberated into Law:

After nearly a year of investigation, in July 2016 the Riau Regional Police (Polda Riau) decided to issue a Warrant for the Termination of Investigation (SP3) to 15 companies with plantation and forestry license that were previously accused of being the perpetrators of the 2015 forest fires. Many quickly expressed their disappointment, especially remembering that President Joko “Jokowi” Widodo had clearly promised firm punishment for the perpetrator of what was considered to be the worst forest fire in Indonesia’s history. That said, the objections seem to have waned, perhaps because of the flurry of other issues that has come since. So where are we today with this issue? Has the SP3 closed the chapter?

A month has gone by since the House of Representatives (DPR) agreed to pass the Bill on Tax Amnesty into Law No. 6/2016. The Government had since enacted three derivative regulations governing the implementation of the Law, but not enough has been done to improve on the Government’s chances of achieving their target of 165 trillion rupiah in revenue from tax redemption fee.

The insolvency proceedings of PT Saripari Pertiwi Abadi (SPA) is nearing the finish line. The team of curators responsible for the bankruptcy process has reportedly finished the verification of the bills registered by the company’s former employees. And so the curators are supposedly ready to conduct liquidation and execute the Company’s assets. But the Company is still trying to escape bankruptcy by filing for a Reconsideration (PK).

On July 27, 2016 the Singapore High Court published the judgement on the case of extended doctrine of res judicata between Antariksa Logistics Pte Ltd against Nurdian Cuaca. The case was first tried in the Singapore High Court in 2009, and it led to several other criminal cases in Indonesia. The case was filed once again in June 2015 to be re-examined.

Two years have passed since the investigators at the Corruption Eradication Commission (KPK) began the inquisition on the rigged process of converting forest area involving the disgraced Governor of Riau Annas Maamun. Two of the main suspects have been convicted. But apparently the inquisition continues as the KPK had decided to detaine one of the bribe givers. Why has it taken so long to reach this point?

The trial of the former Head of the Specific Civil Appeals and Reconsideration Sub-Directorate in the Supreme Court (MA) Andri Tristianto Sutrisna continues. On the hearing held on August 4, 2016, the Public Prosecutor of the Corruption Eradication Commission (KPK) presented their evidence.